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Insurers are preparing for a discussion on working out global standards for insurance supervision that, once in place, have the ability to change the industry and the insurance market in the U.S. 

The proposed global financial-regulatory changes of International Association of Insurance Supervisors (IAIS) go beyond the cooperation and coordination many insurers have sought. The IAIS is holding its annual conference in Washington next week, beginning Sunday, with the nonpublic portion held the first part of the week.

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