The subprime crisis which hit the United States in summer 2007 and morphed into a full blow global financial upheaval in autumn 2008 has taken a heavy toll on the insurance industry. Some industry players with significant financial markets and banking operations were seriously damaged by the...

This Geneva Association “insurance reader on the credit crisis” has been put togetheras a reaction to the widespread demand for reliable information on and an intellectualappreciation of the insurance sector’s involvement in the credit crisis. Since the end of2007, The Geneva Association...

Description of New international regulatory landscape and the IAIS response to challenges for insurance supervisors.

Leader's Statement of the G20 Pittsburgh Summit, What's Systemic Risk, Framework for Mitigating Systemic Risk, Japanese Safety-net for Deposit-taking Financial Institutions...

How do ratings fit in?, Financial crisis Issues, Financial Crisis Impact

For insurers conducting traditional activities: prudential measures need to recognize the medium and long term nature of the liabilities; appropriate buffers should be used effectively to minimize pro-cyclical effects...

Credit default swap portfolio securities lending program, inability to access capital markets, credit rating downgrade

Financial crisis an insurance, Ten consequences for Risk Management and Supervision, Conclusion regarding an IGF...

1,5 trillion USD of writedowns; an unprecedent use pf crisis management tools; The cost of the crisis; Crisis Management: main issues...

Three propositions: Insurance Companies can be systemic importance; Insurance companies should be subject to tougher regulation and supervision; Risks should be assessed on a group-wise basis...