G-SIIs: assessment methodology - Executive Summary

FSI Descriptive  | 
24 June 2017
PDF version
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Background

The International Association of Insurance Supervisors (IAIS) released the initial assessment methodology to identify global systemically important insurers (G-SIIs) in 2013. As part of its three-year review cycle, the IAIS published an updated methodology in June 2016. This Executive summary covers the key aspects of the updated methodology.

Five-phase approach

The IAIS G-SII methodology is a five-phase approach as described in the following diagram:

Phase II indicator calculation

In Phase II, the G-SII score is calculated as follows:

List of G-SIIs

The Financial Stability Board publishes the list of G-SIIs annually in November. Select here to see the G-SIIs designated in 2015.

This Executive Summary and related tutorials are also available in FSI Connect, the online learning tool of the Bank for International Settlements.