AIG and Prudential Face New Capital Rules Under Fed Proposal

Updated on
  • Proposal would set minimum capital for the biggest insurers
  • Dodd-Frank rule affects insurers that pose a systemic risk

American International Group Inc. and Prudential Financial Inc.’s new capital rules should reflect the insurance business’s differences from Wall Street banking, the Federal Reserve said in a proposal to limit the chance that the companies could threaten the financial system.

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