globally systemically important insurers News
‘Systemically Important’ Label Can Be Avoided With New Transparency: Fitch Ratings
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers could help more to proactively stay off the list in the first place. ...
S&P Sees Proposed Insurer Rules as Strong on Risk Management
Standard & Poor's said the Federal Reserve Board's proposed rules for insurers under its oversight are strong as far as risk management, but uncertainty remains as to other crucial details. "We ...
AXA Says Stricter Insurer Capital Rules May Threaten European Recovery
AXA SA, France's biggest insurer, said plans to impose tighter capital rules on too-big-to-fail insurers will pose a new hurdle to European growth and do little to bolster financial stability. ...
The FSB Wants Feedback on Policies For Systemically Important Insurers
The Financial Stability Board (FSB) is seeking public comment on proposed guidance "for the identification of the critical functions and critical shared services for systemically important insurers." ...