Trump Nominates Life Industry’s Workman to Replace Woodall on Financial Stability Panel December 1, 2017 President Donald Trump wants Thomas E. Workman, an attorney and former life insurer trade group leader, to be the independent...
Global Regulators Expected to Drop ‘Too Big to Fail’ Test for Insurers November 14, 2017 By Michelle Price and Pete Schroeder Global financial regulators have decided to ditch a “too big to fail” gauge for assessing the riskiness of insurers, according...
Federal Regulators Plan ‘Too Big to Fail’ Meeting May 2, 2017 By Lisa Lambert The heads of the U.S. financial regulators will meet next week to dive into the sensitive process of labeling companies...
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...
MetLife Wins Court Appeal to Strike Down Systemic Risk Tag March 30, 2016 By Andrew Harris and Katherine Chiglinsky MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would’ve put America’s biggest life...
Systemic Risk Panel to Show Lawmakers Why Some Insurers Are Too Big to Fail June 17, 2015 By Ian Katz U.S. regulators will disclose to lawmakers more than 1,400 pages of documents explaining why companies such as American International Group...
PCI Urges ‘Further Dialogue’ before IAIS Applies ‘Too Big to Fail’ Rules to Insurers January 16, 2013 On January 14 the Property Casualty Insurers Association of America (PCI) participated in a discussion with the International Association of...