NU Online News Service, Nov. 2, 2:00 p.m. EDT
The U.S. solvency regime is expected to achieve equivalence with the European Union's Solvency II requirements, Fitch Ratings says in a recent comment.
"The US has a long-standing, risk-based solvency regime," Fitch says. "If it is seen to give policyholders the same protection as Solvency II, despite fundamental differences in the underlying methodologies, we expect this to result in equivalence recognition from the EU."
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