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Financial Stability Board Issues Final Report on Insurer Recovery and Resolution Planning

The Financial Stability Board (global financial stability body) published the final report on April 29, 2026, outlining the scope of insurers subject to planning requirements aligned with its Key Attributes.

Summary

The Financial Stability Board (global financial stability body) published a final report on April 29, 2026, covering the scope of insurers that are subject to recovery and resolution planning requirements consistent with the Key Attributes (international resolution standards). The report focuses on which insurers fall within frameworks designed to prepare firms for financial stress or failure, a process intended to support orderly resolution and reduce broader financial stability risks.

Terms & Concepts
  • Recovery and resolution planning: A regulatory process that requires financial firms to prepare for severe stress or failure so authorities can manage problems in an orderly way.
  • Key Attributes: International standards set by the Financial Stability Board for resolving distressed financial institutions without causing major systemic disruption.
  • Resolution planning: A framework for handling the failure of a financial institution while aiming to preserve critical functions and limit spillover risk.