The importance of being relevant

In mid-2013, the Financial Stability Board (FSB) and the International Association of Insurance Supervisors (IAIS) are expected to announce a list of so-called global systemically important insurers (G-SIIs).

Since the financial crisis broke in earnest in mid-2008, the financial sector has been engaged in debate regarding financial stability and the regulations that enforce it. In mid-2013, as part of an initiative to identify global systemically important financial institutions (G-SIFIs), a list of re/insurance companies designated as global systemically important insurers (G-SIIs) is expected to be announced.

David Cole, CRO of Swiss Re, discusses this issue in the Spring 2013 edition of Reaction's CRO Risk Forum. His article considers the relevance of the re/insurance industry to the global financial system, and assesses the potential implications of pending regulatory measures.

Click here to download the full article (PDF, 153 KB).

Published 2 April 2013

Supporting financial resilience

Re/insurance supports financial resilience by acting as a shock absorber and promoting growth through its core businesses. This is particularly important in a challenging and volatile macro-economic environment.

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