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On September 27, 2012, the Steering Committee of the EU-U.S. Dialogue Project, a collaboration among the European Commission, European Insurance and Occupational Pensions Authority, the NAIC, and the Federal Insurance Office of the U.S. Department of the Treasury, invited public comment on the reports of seven technical committees comparing certain aspects of the insurance supervisory regimes in the European Union and the United States
The European Union’s Solvency II initiative has received considerable trade press exposure, but the NAIC’s Solvency Modernization Initiative has received less attention
