Too-Big-to-Fail Insurers to Face Tougher Capital Standards

Too-Big-to-Fail Insurers to Face Tougher Capital Standards

Tomohiro Ohsumi/Bloomberg

The Financial Stability Board is coordinating global regulators' response to the worst financial crisis since the Great Depression to prevent a repeat of the turmoil that followed the collapse of Lehman Brothers Holdings Inc. and bailout of American International Group Inc.