X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — The Federal Reserve Board said Friday that it will soon propose two-tier capital requirements for the insurers it oversees: one for insurers deemed systemically risky, and another for insurers it oversees because they operate thrift holding companies.

Washington Analysis, which interprets federal regulatory rules for institutional investors, said the forthcoming guidelines will create “manageable capital rules” for American International Group and Prudential Financial, two institutions it oversees as systemically important financial institutions (SIFI). Therefore, it would reduce the “regulatory uncertainty that continues to hang over the group,” said analyst Ryan Schoen.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.