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SystemicRiskReferences4
Reference | Title | Link |
Jenkins, P. (2016) | Banking can learn from insurance on systemic risk | here |
Summary (partial)
"When Italy’s Generali managed to get itself off the global list of systemically important insurance companies in November, there were cheers in Trieste. Removal from the nine-strong list of insurers, deemed systemically important financial institutions (Sifis), meant a huge administrative problem evaporated. So did the prospect of tougher Sifi capital requirements from 2019. Generali’s secret had been to shrink and simplify its business." |
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