Wider sector may face similar scrutiny to 'too big to fail' insurers

rules-regulations

In 2020 the International Association of Insurance Supervisors hopes to make key changes to how systemic risk in the insurance sector is measured and dealt with, in a move that could see more insurers face similar scrutiny to 'too big to fail' insurers and the G-SII classification dropped.

The global body, which is made up of volunteer members from insurance supervisors and regulators in over 200 jurisdictions, has put together a holistic framework that it hopes to enforce in 2020. This

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