Government
With Brexit, UK Govt. Should ‘Refine Not Replace’ Solvency II: ABI
Rather than replacing Solvency II entirely when the UK leaves the European Union, regulators need to refine EU's insurance regulation to make it more appropriate for the UK market and customers, ...
Hensarling Willing to Consider ‘Version 2.0’ of Dodd-Frank Overhaul
House Financial Services Committee Chairman Jeb Hensarling said he's willing to tweak his plan to overhaul the Dodd-Frank Act before reintroducing it to Congress early next year. The committee is ...
What’s Out Under Trump? Federal Fracking Rules, Probably; FSOC, Possibly
Three days before Donald Trump's inauguration as the 45th U.S. president, attorneys for Barack Obama's outgoing administration will ask an appeals court to revive rules governing oil-and-gas fracking ...
Regulators, Insurers Need to ‘Prove Value-Add’ as Disrupters Gain Traction
Property/casualty insurance executives may be worried about disrupters discovering novel ways to connect with their hard-earned policyholders, but an insurance regulator with a reputation for ...
UK Insurers, Banks Make Contingency Plans for ‘Hard Brexit’: BofE’s Carney
Banks based in Britain may start to relocate activities to other countries about one-and-a-half years before a British departure from the European Union if a "hard Brexit" looks likely, Bank of ...
Property/Casualty Insurance Industry Ready to Work With Trump
Groups representing the U.S. property/casualty industry say they expect a soon-to-be President Donald Trump and Republican Congress will be receptive to their agenda in the months ahead. The Property ...
President Trump Will Target Immigration, Taxes, Trade, Affordable Care Act
Donald Trump's surprise election Tuesday as U.S. president means the repudiation of Barack Obama's legacy and a strong likelihood Republicans will undo many of his accomplishments, including ...
Credit Markets Calm in Wake of Trump’s White House Win
The US credit market gave a tempered reaction on Wednesday to Donald Trump's election victory, with many bankers even saying they expected new bond issuance to resume as soon as Thursday. In keeping ...