Likewise, as a result also of what I would say, the least, "not very prudent policies" the significant losses of insurance and re-insurance companies in the last few years have been partly absorbed by the banking sector, which responded promptly to their needs for liquidity and capital injections.
The banking sector in some countries has unwillingly assumed the responsibility for the well being of the financial sector as a whole, because it understands the danger of systemic risks, that can wreak havoc.