Law360, New York (July 02, 2012, 3:50 PM ET) -- The International Association of Insurance Supervisors on Monday unveiled its latest version of a framework for coordinating international supervision of large global insurers, a draft that a major insurance industry group says doesn't go far enough to nix duplicative regulations.
The 2012 draft of the Common Framework for the Supervision of International Active Insurance Groups — known as ComFrame — sets out basic qualitative and quantitative standards for globally active insurers, along with requirements for those in charge of supervising them.
Peter Braumueller, chair of the...
Watchdogs Float Framework To Supervise Global Insurers
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