Insurance Regulation
House Republican Proposes Gutting ‘89.7 Percent’ of Dodd-Frank
The chair of the U.S. House Financial Services Committee has proposed getting rid of much of the regulation put in place after the financial crisis, unveiling a plan on Tuesday that ignited fierce ...
Proposed Capital Rules Would Reflect AIG, Prudential’s Insurance Identities
American International Group Inc. and Prudential Financial Inc.'s new capital rules should reflect the insurance business's differences from Wall Street banking, the Federal Reserve said in a ...
U.S., Other Business Groups Say China’s Cyber Rules for Insurers Go Too Far
Controversial cyber security regulations for China's insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade ...
U.S., EU Talks on Covered Agreement Continuing
Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a ...
U.S. Federal Reserve Meeting on Insurer Capital Rules Set for June 3
The U.S. Federal Reserve will hold an open meeting this coming Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies. The ...
U.S. ORSA Reports Need Improvement: Regulator’s Viewpoint
If U.S. regulators graded insurers on their ORSA reports, the report cards might say "incomplete" or "needs improvement," a representative of the National Association of Insurance Commissioners ...
AIG, Prudential Won’t Need Bank Capital Rules: Fed Reserve Governor
U.S. insurers deemed big enough to threaten the financial system will probably face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve ...
Insurers Can Endure Best by Being Global and Diversified: S&P
Global, diversified insurers are best positioned to withstand the industry's top economic and competitive challenges, according to a report published by Standard & Poor's Global Ratings. ...