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Capital Standards for Insurance

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Published on Apr 8, 2014

Congressman Randy Neugebauer questions Scott Alvarez, General Counsel for the Federal Reserve Board of Governors, about capital standards for insurance. Does the Fed support international standards being imposed on our domestic industry?
What objective evidence was used to justify global capital standards for insurers? What cost benefit analysis was done? How will the Fed work with state regulators to get their input on this issue?

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