Insurance Brokerage Marsh Urges Federal Reserve to Lower Capital Requirements for Banks on Insured AI Loans
2 day ago / Read about 0 minute
Author:小编   

Marsh & McLennan, the world's largest insurance brokerage, is lobbying U.S. regulators to permit banks to hold less capital against loans protected by credit risk insurance. Banks are exploring new ways to reduce their exposure to data center-related risks. Azi Larsen, managing director of the firm's credit specialties practice, said demand for risk hedging on AI-related financing has surged, but U.S. banks have traditionally favored other tools because purchasing insurance does not help free up regulatory capital. Larsen said the company has been actively advocating and lobbying on this issue in the United States and hopes to receive a favorable response from regulators by the end of the year.