6/24/2014

Global regulators need to slow down on new capital rules for insurance companies, with the U.S. National Association of Insurance Commissioners saying there was no proven need. The NAIC, a body of U.S. state insurance regulators, made comments in London that more analysis was needed, especially on the effect on customers. The International Association of Insurance Supervisors is scheduled to put proposals on capital rules before leaders of the Group of 20 economies at a meeting in November.

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