Analysts respond to the Fed’s proposed rules for insurers
May 24, 2016 by Arthur D. Postal
Daniel K. Tarullo has outlined the Fed’s forthcoming capital requirements for insurers.
WASHINGTON — The Federal Reserve Board said Friday that it will soon propose two-tier capital requirements for the insurers it oversees: one for insurers deemed systemically risky, and another for insurers it oversees because they operate thrift holding companies.
Washington Analysis, which interprets federal regulatory rules for institutional investors, said the forthcoming guidelines will create “manageable capital rules” for American International Group and Prudential Financial, two institutions it oversees as systemically important financial institutions (SIFI). Therefore, it would reduce the “regulatory uncertainty that continues to hang over the group,” said analyst Ryan Schoen. Click HERE to read more…