Pusey: US group-level capital rules could come by Autumn

The first draft of a US-wide, group-level capital standard for
US carriers could be published as soon as the autumn of this year,
Leigh Ann Pusey, CEO of the American Insurance Association (AIA)
said today (25 February).
Speaking at a lecture hosted by the Insurance Institute of
London, Pusey said the standard devised by the Federal Reserve
could work towards finding prudential equivalence between the US
and the European Union.
This in turn could contribute towards the work being done...