Insurance companies in the US can benefit from Trump policy
Total deregulation of the financial industry at Trump administration can alleviate the burden on the major insurance companies, indicates Fitch. The agency does not expect any immediate consequences for the US insurance industry ratings as a result of the election, as the sector is regulated primarily by the state, and believes that Trump initially focus on the medical side of the issue. Potential cancellation or adjustment of the Dodd - Frank is possible, as well as review the status of systemically important financial institutions at AIG, MetLife and Prudential. The agency added that the role of the Federal Service for Insurance, as established under the law of the Dodd - Frank, can be reduced or changed.
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