US insurance - Regulators mull over plea for capital relief

News

hampton-jpg

Rocked by plunging equity markets and bond portfolios, US life companies have made a plea to regulators to reduce capital requirements - with mixed results. While regulators have agreed to soften mortality and reinsurance collateral requirements, requests for lighter capital restrictions on variable annuities (VAs) have been rebuffed. However, New York appears to be bucking the national mood of regulatory scepticism by making its own VA capital concession.

The capital relief plea was co-ordinated

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: