Briefings
Group focus for international regulators
On 18-19 May, insurance regulators from around the world met in Washington DC at an event sponsored by the National Association of Insurance Commissioners (NAIC). Regulators considered how their regulatory frameworks might be improved in light of lessons learned from the financial crisis, and in particular the problems experienced by American International Group (AIG). Regulators emphasised the need to regulate on a "group basis" in order to prevent harm caused by a non-insurance entity affiliated...
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