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Financial watchdog names nine insurers as globally significant
July 18, 2013 / 8:43 PM / 4 years ago

Financial watchdog names nine insurers as globally significant

July 18 (Reuters) - The Financial Stability Board, a regulatory task force for the G20 leading economies, on Thursday named nine insurers to its initial list of globally significant firms, a designation that will lead to higher capital requirements.

The firms named are:

* Allianz SE

* American International Group Inc

* Assicurazioni Generali S.p.A.

* Aviva plc

* Axa S.A.

* MetLife Inc

* Ping An Insurance (Group) Company of China Ltd

* Prudential Financial Inc

* Prudential plc

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