solvency

In Europe, by contrast, insurance is generally overseen by national regulators who focus on company solvency, rather than rates, as a way to keep markets competitive.

It has previously only been used to maintain platform solvency and avoid cascading losses when the insurance fund set by exchanges cannot cover the losses, Colkitt wrote in a thread on X on Friday.

Its regulatory framework “fully aligns with international standards,” and the authority regularly assesses reinsurers’ solvency, she added.

Social Security remains a lightning rod in American politics, with debates over solvency, benefits and generational fairness heating up ahead of the midterms.

The realization is starting to dawn on some Republicans that their political solvency won’t last longer than President Trump’s economic irrationality.