Allianz Joined by AIG on FSB’s List of Too-Big-to-Fail Insurers

Allianz Joined by AIG on FSB’s List of Too-Big-to-Fail Insurers

Victor J. Blue/Bloomberg

A "Too big to fail" sign is held up by Occupy Wall Street movement demonstrators at Union Square in New York. Insurers identified as too big to fail will have to hold higher reserves and draw up recovery and resolution plans to limit the economic fallout should they go bust, the International Association of Insurance Supervisors said.