Financial stability board (fsb)
Insurance Risk launches updated, interactive iPad app
Systemically important international insurers will be required to design their own recovery and resolution plans in case of severe financial distress, as part of new requirements by regulators to protect...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Financial stability board (fsb) articles
Regulators will publish separate lists for systemically important insurers and reinsurers a year apart
Harmonisation of US and global systemic risk frameworks needed as US proposes first Sifis, warns industry think tank
Asia still behind on global rules forcing subsidiarisation of foreign banks in the region
Regulators are targeting insurers’ use of variable annuities and insurance-linked securities in their fight against global systemic risk. But insurers say these products are fundamental to the way the insurance industry works. Louie Woodall reports...
Publication of list pushed back from April
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future