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"The property/casualty insurance industry is giving a generally favorable response to the Federal Reserve Bank's possible capital standards for systemically important insurance companies.The Fed issued an advance notice of proposed rulemaking on Friday, inviting comment on conceptual frameworks for...", www.businessinsurance.com
"The Journal Gazette, as Fort Wayne and northeast Indianas largest newsgathering operation, is your best source of local news, sports, business, dining and entertainment information as well as comprehensive auto, home, jobs and classified ads.", www.journalgazette.net
"Major insurers American International Group Inc (AIG.N) and Prudential Financial Inc (PRU.N) would be required to hold enough capital to head off risks to the U.S. financial system as part of a regulatory shakeup of the insurance industry proposed by the Federal Reserve on Friday.", www.reuters.com
"From Yahoo Finance: Major insurers American International Group Inc and Prudential Financial Inc would be required to hold enough capital to head off risks to the U.S. financial system as part of a regulatory shakeup of the insurance industry proposed by the Federal Reserve on Friday. The U.S. central bank gained regulatory authority over the two systemically important insurance companies and 12 insurance firms that own banks as a result of the 2010 Dodd-Frank reform law designed to strengthen U.S. oversight of Wall Street. Under the proposals, insurance firms that own banks will also face a new set of capital standards.", finance.yahoo.com
"The Federal Reserve Board on Friday approved an advance notice of proposed rulemaking (ANPR) inviting comment on conceptual frameworks for capital standards that could apply to systemically important insurance companies and to insurance companies that own a bank or thrift. The standards would differ for each group.", www.mondovisione.com
"THE BUSINESS TIMES Banking & Finance - [NEW YORK] American International Group Inc and Prudential Financial Inc's new capital rules should reflect the insurance business's differences from Wall Street banking, the Federal Reserve said in a proposal to limit the chance that the companies could threaten the financial system.. Read more at The Business Times.", www.businesstimes.com.sg
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