Insurance Regulation
Dodd-Frank Failed to Dispel Too-Big-to-Fail, Say 2 Fed Presidents
Two Federal Reserve district bank presidents said the 2010 Dodd-Frank Act hasn't eliminated creditor expectations for federal bailouts of financial firms, perpetuating the idea that large banks are ...
Executive Comp Disclosures: Are Mutual Insurers Next?
Mutual insurance carriers have not been totally immune from pressures to clearly disclose details of their executive programs, but those who haven't started down the disclosure path already may need ...
Insurance Costs Climb With Ocean Temps: Geneva Association Report
There's only one direction for insurance costs related to climate events to move in the years ahead—upward, according to a report published today about the implications of ocean warming for the ...
FSB, FSOC Systemic Insurer Lists Need Alignment, Say U.S. Regulators
Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said on Tuesday. G20 world leaders have ...
Bond Buffer Seen in Demand for Swaps Collateral: Credit Markets
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as ...SIFI Designation A Credit Positive For AIG: Moody’s
In an article published yesterday in its weekly "Credit Outlook" publication, Moody's Investors Service said the Financial Stability Oversight Council's designation of American International Group as ...
Fed’s Plosser Favors Too-Big-To-Fail Firms Holding More Capital
Federal Reserve Bank of Philadelphia President Charles Plosser called for the largest financial institutions to hold more capital to help prevent a repeat of the recent financial crisis, and renewed ...
Federal Regulation Would Have Uncovered AIG Problems In ’08: Benmosche
Federal regulation at the holding company level would have prevented the near-failure of American International Group in 2008—and had the company actually failed, it would have disrupted the entire ...