American International Group Inc. and Prudential Financial Inc.’s new capital rules should reflect the insurance business’s differences from Wall Street banking, the Federal Reserve said in a proposal to limit the chance that the companies could threaten the financial system. …
The U.S. Federal Reserve will hold an open meeting this coming Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies. The central bank’s announcement last Friday came a week …
The U.S. Federal Reserve is considering a proposal from life insurers that could delay the implementation of a costly nationwide capital framework for the $1 trillion industry, according to records of a recent meeting between the two sides seen by …
