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Analyst, Industry Rep Offer Mixed Reviews on Proposed Global Systemic Risk Rules

Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.

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NU Online News Service, June 12, 12:00 p.m. EDT

Moody’s Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the “devil is in the details,” notes an industry representative.

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