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Global News - IAIS notes traditional reinsurance unlikely to cause systemic risk

Source: Asia Insurance Review | Sep 2012

The International Association of Insurance Supervisors (IAIS) released a policy paper in July entitled Reinsurance and Financial Stability, a sequel to the 2011 policy paper Insurance and Financial Stability, and it is noted in this recent paper that similar to primary insurance, traditional reinsurance is unlikely to cause, or amplify, systemic risk.

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