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FSB launches consultation on resolution regimes for insurers

Asia globe

The Financial Stability Board today launched a public consultation on the application of the Key Attributes of effective resolution regimes for non bank institutions.

The proposals s are a central component of the FSB policy measures endorsed by G20 leaders to address the "too big to fail" problem associated with systemically important financial institutions.

The

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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