Sarfraz speaks to Thomas Sullivan, former senior associate director at the US Federal Reserve who runs consultancy Sullivan Strategy and Advisory Services, about his role in shaping the US insurance regulatory sector and what he thinks of global rules today.

• AIG and the fallout from the global financial crisis of 2008
• The Federal regulator's role in the US insurance market
• The IAIS's ICS: the flaws in the rules
• Bermuda and international life markets
• Global regulations and the need to keep evolving

For anything else Risk and Insurance, check out ⁠⁠⁠⁠⁠⁠⁠InsuranceERM.com. ⁠

This episode was produced and edited by Sarfraz Thind