Minimum capital for global insurers

Global insurers, those underwriting life and non-life classes of business, may be required to increase their capital.
Photo credit: IAIS

The International Association of Insurance Supervisors (IAIS) is planning on establishing shareholders’ equity standard level for large insurers by 2019, following the footsteps of the banking sector. While insurers are not the main cause of the crisis that rocked the financial world in 2008, the AIG bailout by the American government, however, has shown that they present a systemic risk.

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