The Dodd-Frank Act, Solvency II, and U.S. Insurance Regulation
AbstractThis article discusses key issues that policymakers should consider when evaluating potential changes to U.S. insurance regulation in the aftermath of the financial crisis, including implications of both the Dodd-Frank Act and the Solvency II initiative in the European Union. Fundamental differences in the U.S. between banking and insurance are emphasized, including much lower systemic risk potential and greater market discipline in insurance, and why those differences favor capital regulation and policyholder guaranty systems that reflect the distinctive features of each sector.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by EY Global FS Institute in its journal Journal of Financial Perspectives.
Volume (Year): 1 (2013)
Issue (Month): 1 ()
Contact details of provider:
Postal: 1 More London Place, London SE1 2AF, UK
Phone: +44 20 7951 2000
Web page: http://www.gfsi.ey.com/
Insurance Regulation; Insurers; Dodd-Frank Act; Solvency II; European Union Insurance Regulation; Systemic risk; Capital Regulation;
Find related papers by JEL classification:
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Shahin Shojai).
If references are entirely missing, you can add them using this form.