As you well know, systemic risk is an issue of interest to the insurance sector.
Those abuses may add up to a new kind of systemic risk.
This is considered to be systemic risk in the banking industry.
"Our greatest concern is systemic risk in the financial system," he said.
One is that systemic risk built steadily in the system.
That is what the regulators mean when they talk about systemic risk.
Central banks in all countries act to prevent "systemic risk."
Once that happens with a big enough bank you have systemic risk and financial collapse.
It worked quite well for many decades in terms of preventing a major bank run and systemic risk.
But to me, that has nothing to do with systemic risk.