Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

To view the full Insurance Insider site click here

MetLife and FSOC close door on Sifi appeal

  • Ted Bunker 20 January 2018
  • MetLife and the US Financial Stability Oversight Council formally sought to end the big life insurer's status as a systemically important financial institution yesterday, which would leave New Jersey's Prudential Financial as the last insurer under Federal Reserve oversight as a Sifi.

    In a joint motion, MetLife and the council asked a federal appeals court to dismiss a move to reverse a district court's ruling that removed MetLife from Fed oversight in 2016. The Obama Justice Department had appealed the...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login