Federal Reserve Unveils New Proposed Capital Rules for Large Insurers June 5, 2016 By Jesse Hamilton American International Group Inc. and Prudential Financial Inc.’s new capital rules should reflect the insurance business’s differences from Wall Street...
Regulators Want More Details on Insurers’ Living Wills for Bankruptcy July 29, 2015 By Ian Katz and Jesse Hamilton Three major non-bank financial firms need to provide more detail on how they could be unwound in bankruptcy after a...
Banks Balk at Easing Dodd-Frank Capital Requirements for Insurers December 3, 2014 By Cheyenne Hopkins After coming together to help Republicans retake Congress, the financial industry is splitting over the best strategy to accomplish its...
Federal Reserve to Study Effect of Banks’ Systemic Risk Rules on Insurers October 1, 2014 By Emily Stephenson The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet...
Fed Approves Process for Designating Nonbanks for Stricter Oversight April 3, 2013 By Emily Stephenson The U.S. Federal Reserve said on Wednesday that it had approved a final rule to clarify the process the new...