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Rules and Discretion in Life Insurance Regulation


Abstract: In this Chicago Fed Letter, we illustrate how regulators have used rule-based and principle-based approaches to set the minimum level of reserves and capital for insurers. We use examples to show the trend toward more principle-based regulation.

Keywords: Insurance; Life insurance;

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File(s): File format is application/pdf https://www.chicagofed.org/~/media/publications/chicago-fed-letter/2017/cfl373-pdf.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2017

Order Number: 373