Business and Finance

Financial Market Regulation

Reuters/Brendan McDermid - The American International Group, Inc. (AIG) stock ticker is seen on a monitor as traders work on the floor of the New York Stock Exchange after the opening bell February 11, 2013.

Paper

Source of Weakness: Worrisome Trends in Solvency Regulation of Insurance Groups in a Post-Crisis World

August 6, 2014, Robert E. Litan

Before embracing any European-style insurance solvency regulation for U.S. insurance groups and conceivably even systemically important insurers, regulators should bear in mind that while group capital regulation may be appropriate for banks, it clearly is not generally appropriate for insurance, says Robert Litan.

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