What can result from non-compliance in market conduct examinations?

Non-compliance in market conduct examinations can indeed lead to punitive actions against the insurer. This is because regulatory bodies are responsible for ensuring that insurance companies operate within established laws and ethical standards. When an insurer is found to be in non-compliance during these examinations, they may face various forms of penalties, which can include fines, restrictions on their operations, or even revocation of their license to operate. Such punitive actions serve as a deterrent against unethical practices and are intended to protect consumers and maintain the integrity of the insurance market.

Additionally, the other options do not directly relate to the consequences of non-compliance. Lower insurance premiums, increased policyholder trust, and improved marketing strategies are unlikely to result from violations; they would more likely arise from compliance and positive market conduct.