Federal ReserveNews

Federal Reserve Board finalizes supervisory framework for insurance organizations that are overseen by the Board

September 28, 2022

Federal Reserve Board finalizes supervisory framework for insurance organizations that are overseen by the Board

For release at 2:00 p.m. EDT

    The Federal Reserve Board on Wednesday finalized a supervisory framework for insurance organizations that are overseen by the Board. The final framework is substantially similar to the proposal made earlier this year.

    The supervisory framework applies supervisory guidance and resources based on a supervised insurance organization’s risk. It also establishes a supervisory rating system for firms based on their risk profiles and

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