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Treasury and Fed Tell States to Watch Life Insurers More Carefully
By
Allison Bell
News December 09, 2024 at 03:57 PM
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What You Need To Know
- FSOC is supposed to help the Treasury and Fed prevent meltdowns.
- The council worries about how closely connected life insurers are to private equity firms and other asset managers.
- It also wonders whether some companies could have too much exposure to financial problems at offshore affiliates.
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