IAIS finalises policy for 'too big to fail' insurers
The International Association of Insurance Supervisors is finalising policy proposals for the risk management of globally systemically important insurers, or G-SIIs, commonly referred to as ‘too big to fail’.
The proposed IAIS policy seeks to ensure that G-SIIs achieve higher standards of risk management by the use of more intensive and co-ordinated supervision and by requiring higher loss absorption
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