US will wait for clarity on transitional measures before deciding on SII equivalence

- Thomas Whittaker
- 07 Dec 2011

The US will wait until Solvency II's transitional measures have been agreed before deciding whether to seek equivalence, according to the chief executive of the National Association of Insurance Commissioners (NAIC).

Terri Vaughan says US regulators were watching the progress of the Omnibus II directive and would decide whether equivalence with Solvency II was in the country's interest once the

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