International Capital Standard (ICS) News

Global regulators have given themselves more time to bridge transatlantic differences that have delayed the world’s first capital rule for insurers, raising a cheer in the sector. The International Association of Insurance Supervisors (IAIS) said its members have agreed in …

The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubt on whether it is practical, industry and regulatory officials say. Global banks …