Sherrod Brown actually said...

Restructuring a fifth of the economy is far from easy.

This agreement offers U.S. and EU reinsurers alike relief from both requirements to have a local presence and local collateral.

We should fight to maintain it, including by rejecting efforts to impose the Solvency II accord, Europe's insurance capital rules, on our in...

It also establishes certainty about when U.S. standards will qualify as equivalent under Solvency II for U.S. insurers.