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Financial Stability Board Identifies Global Systemically Important Insurers (G-SIIs) and Policy Measures that Will Apply to G-SIIs

Today, the Financial Stability Board (FSB), in consultation with the International Association of Insurance Supervisors (IAIS) and national authorities, identified an initial list of nine global systemically important insurers (G-SIIs).  These G-SIIs were identified using the IAIS assessment methodology.  Going forward, the list of G-SIIs will be updated each year in November, starting in 2014.

Policy Measures Applicable to G-SIIs:  Today, the IAIS also published a set of policy measures that will apply to G-SIIs and are consistent with the policy framework published by the FSB in November 2011.  …  Read More

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