Systemic risk capital loading would ‘improve underwriting discipline’, PCI hears

Greg Dobie, Dana Point

Plans by G20 finance ministers and the Financial Stability Board to require financial institutions deemed to pose a systemic risk to hold higher levels of capital could benefit smaller insurers while also indirectly improving under­writing discipline among larger carriers, delegates heard at the annual Property Casualty Insurers Association of America conference, writes Greg Dobie, Dana Point.