Prudential Financial’s Sifi appeal casts doubt on US G-Sii powers

federal reserve

International policy-makers may not be able to impose enhanced supervision on US insurance groups designated as global systemically important insurers (G-Siis) unless these companies are also designated as systemically important by the US authorities.

Three US insurers, Prudential Financial, MetLife and AIG, were designated as G-Siis by the Financial Stability Board (FSB) last month. Large US insurers are also currently going through a domestic process to determine whether they are systemically

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: