FIO News
Large International Insurers Challenged by Increasing Regulatory Burden
There is an increased focus globally on international insurance regulation driven by efforts within the G20 major economies to strengthen the international regulatory regime since the financial ...
The IMF Wants U.S. Insurance Reform to Go Further and Quicker
The International Monetary Fund said changes in U.S. insurance regulation with an eye on national and international guidelines have made real progress, but the effort remains unfinished with a long ...
International Capital Standards Will be Slow in Coming: FIO’s McRaith
Insurers could see some version of an international capital standard by 2016, Federal Insurance Office Director Michael McRaith told a recent gathering of industry professionals in Washington, D.C. ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...
AIG CFO David Herzog: Congress Was ‘Wise’ to Renew TRIA
The property/casualty insurance industry was without a federal terrorism reinsurance program for about two weeks, between its expiration on Dec. 31, and long-awaited Congressional action to renew it ...
FIO Report on Global Reinsurance Industry Released
The U.S. Department of the Treasury's Federal Insurance Office released a report outlining the role the global reinsurance industry plays in the U.S. insurance industry late last year. The report, ...
Is FIO About to Step Into Data Collection?
The Federal Insurance Office (FIO) has taken a step toward fulfilling one of its obligations under the Dodd-Frank Act—a step that may ultimately have significant implications for auto insurers. ...
FIO’s Affordability Study Needs Unified Industry Input: Howard Mills’ View
There are very few sure things in life, but among the closest to a certainty is that every year, on the ubiquitous year-end lists of top risks insurers face in the year to come, regulatory risk will ...