FBC Markets Now February 27, 2013
Insurance companies are completely different. U. S. Insurance Companies Hold about 5 trillion dollars in assets today. In the feds proposed rule on capital standards, the rule is by Bank Regulators which makes sense for banks but they also apply to insurance companies. And insurance and banking are very different as i know you agree. Strong capital standards, they are important. But they must be appropriate for a Business Model they apply to. Will the fed perform a study specific to insurance before you finalize rules like you do for banks . We are discussing the feasibility of such a study. W...