Supervisors must police activities, not entities – Allianz’s Buecheler

Regulatory chief welcomes debate moving beyond ‘too-big-to-fail’

Supervisors are coming round to the importance of policing activities, says Buecheler

The regulatory chief of Germany-based finance group Allianz has welcomed supervisors focusing less on insurers deemed 'too-big-to-fail' and looking increasingly to police risky activities such as liquidity mismatches and high leverage.

Tobias Buecheler, head of regulatory strategy at Allianz, told attendees at the Insurance Risk Europe conference in London on October 6: "Progress has been good, in that we are really starting to focus on maturity transformation, leverage and insurers' securities