SIFI News
Insurers Can be Too Risky But Not Too Big: NAIC President
Although the Financial Stability Oversight Council created by Dodd–Frank Wall Street Reform and Consumer Protection Act could serve an incredibly useful purpose, FSOC's activities so far have been ...
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 ...
AIG CEO Hancock: Revamp Plan Will Work Without More Drastic Action
More than two months after activist billionaire investors Carl Icahn and John Paulson gained seats on American International Group's expanded board, observers have wondered: Will their presence ...
MetLife Beats Back U.S. Government’s Too-Big-to-Fail Label
MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would've put America's biggest life insurer under tougher government scrutiny and forced it to put more money in reserves. A ...
Efforts to Shake G-SII Tags May be Futile: S&P
Global insurers that have been tagged as systemically important by the Financial Stability Board may not help their cause by breaking up lines of business in efforts to de-designate themselves, ...
Regulatory Tools Too Focused on Individual Company Risks
Regulatory tools to assess risk in the financial sector focus too much on individual companies, according to a new report from HEC Paris business school. While regulators have been working to ...
Activists Live In ‘Fool’s Paradise’; Don’t Understand Insurance Basics, CEO Says
Even before Carl Icahn amped up the volume on his message to American International Group to make a "drastic strategic shift" last week, questions started to surface about whether other insurers are ...
Fed Could Clear Up SIFI Uncertainty This Year
The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory ...