Insurance EuropeInsurance Europe
Position Paper
Response to the IAIS consultation on activities-based approach (ABA) to systemic risk

Insurance Europe responded to the International Association of Insurance Supervisors (IAIS) pre-consultation on an activities-based approach (ABA) to systemic risk. In its response, Insurance Europe reiterated that traditional insurance is not systemically risky and that systemic risk from individual insurers can only originate from a very limited number of activities undertaken on a large scale in the wrong conditions.

Published 15 February 2018
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Alexandru Ciungu
Alexandru Ciungu
Policy advisor, macroeconomics & taxation