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Global Regulators To Review Risk Assessment Of Top Insurers

Law360, London (November 14, 2018, 7:06 PM GMT) -- A group of global insurance regulators on Wednesday proposed suspending publication of its list of systemically important insurers who must comply with tougher capital rules, saying it wants to review the way it assesses the size of capital buffers.  

The International Association of Insurance Supervisors — a group of more than 200 global insurance regulators — said it wants to move away from a “binary” approach of imposing extra measures on a small group of insurers to a “proportionate” application of measures targeted at the activities of insurers that lead to systemic risk.  

The Basel, Switzerland-based standard body, which worked with...
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Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

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