The Geneva Association publishes a special report on systemic risk and insurance

Leading international insurance think tank, The Geneva Association, published a special report analysing the role of insurance in financial stability and its systemic relevance. The report has been provided to inform and support supervisors and policy-makers in their discussions on the development of measures to address the complex problem of systemic risk underlined during the financial crisis.

In the report, the differing roles of insurers and banks in the global financial system and their impact on the crisis are examined. A key conclusion of the analysis is that the core activities of insurers and reinsurers do not pose systemic risks due to the specific features of the industry.

For a copy of the report, please click on the following link: http://www.genevaassociation.org/Portals/0/Geneva_Association_Systemic_Risk_in_Insurance_Report_March2010.pdf