22 September 2011
Published in: Risk management, Regulation, Solvency II, RBC Worldwide, US - Canada - Bermuda
Companies: NAIC, Reinsurance Association of America, PwC, American Academy of Actuaries, Hannover Re, European Commission, Federal Insurance Office
The SMI is only partly related to Europe's move towards Solvency II, says the NAIC. There are similarities between the two which might smooth the path to equivalence between them, but US critics of the SMI could cause delays. Lorna Davies reports.
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