The Financial Stability Board (FSB) has added Zurich Insurance, Swiss Re, Swiss Life, and Dutch insurer Athora to its list of 17 insurers required to prepare resolution plans in case of insolvency. This move aims to better manage potential emergencies or collapse, following advocacy post the 2007-09 financial crisis. The UK currently leads this list with five insurance companies.

The FSB has discontinued yearly lists of systemically important insurers, now focusing on those needing resolution plans. During a recent plenary in Saudi Arabia, ahead of the G20 leaders’ meeting in South Africa, the FSB set its 2026 work programme. Led by Andrew Bailey, the FSB will continue monitoring global financial markets’ vulnerabilities and ensuring recommendations are implemented.

The FSB has identified the rapid growth and complexity of private credit markets as a key focus for 2025. They call for ongoing monitoring of crypto-assets and stablecoins due to concerns about risks and regulatory challenges. The board seeks to support global alignment of approaches by reviewing recent regulatory changes in major economies.

Read more at Yahoo Finance: FSB adds three Swiss insurers and one Dutch insurer to resolution plan list