Designation of systemically important insurers hit by delay

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International efforts to identify and better supervise global systemically important insurers (G-Siis) have been delayed. The Basel-based Financial Stability Board (FSB), in consultation with the International Association of Insurance Supervisors (IAIS), was expected to publish a list of insurers deemed to be systemically important in April this year. The list will now be released later in the second quarter of the year, the IAIS and FSB confirm. The delay, experts suggest, may have been due

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