Industry fears European bias of IAIS solvency standards

News

Life insurance companies in the United States have voiced complaints about recent moves towards a set of international solvency standards, saying that they don't fully take account of the discretionary nature of US-style life products.

The Swiss-based International Association of Insurance Supervisors (IAIS) issued its latest structure paper on 14 February. The paper seeks to develop what it describes as a "coherent and systematic" analysis of the main elements of the regulatory financial req

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