Insurers will join forces with bankers and finance ministry officials this week to assess international financial stability in the face of the economic slowdown.

The Financial Stability Forum (FSF), set up by the seven top industrial nations in 1999, will meet in London this Thursday and Friday.

The 1998 Asian crisis and the Russian devaluation highlighted the shortcomings of global financial supervision.

The FSF was created to bridge the gap between financial sector regulators.