List of global systematically important insurers published

On the 18th of July 2013, International Association of Insurance Supervisors and the Financial Stability Board both issued press releases confirming that nine global systematically important insurers had been identified. The association also proposed that an assessment methodology and policy measures be put in place for such systematically important insurers. In the same press release, the Financial Stability Board confirmed that enhanced group-wide supervision would commence immediately for the identified global systematically important insurers.