Reinsurers should be assessed for systemic risk using the same methodology as primary insurers, rather than being subject to a bespoke methodology, say reinsurance executives.
The International Association of Insurance Supervisors (IAIS) recently launched its annual data collection exercise to assist in the identification of global systemically important insurers (G-Siis). The list of G-Siis will be updated in November to include reinsurance companies for the first time.
Last summer, the IAIS ex
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