Insurers pose less systemic risk than banks, shows study

Geneva Association research shows proposals for regulating systemically risky insurers are'misguided'

Research published by the Geneva Association, the insurance think-tank, has added further weight to arguments against proposals to increase regulation on global systemically important insurers (G-Siis), say insurance industry lobby groups.

The association's research showed that the systemic risk posed by the world's largest insurers is far less than that posed by the banking industry. Trade associations say the findings are evidence that regulation of G-Siis is going in the wrong direction.

Nico