; (ii) transactions between the company and its affiliates; (iii) balance sheet and income statements of a material subsidiary of the company; and (iv) the capital holdings of the company in relation to applicable minimum capital standards. ; (3) in paragraph (3), by inserting , other than an insurance savings and loan holding company, after company ; and (4) in paragraph (4)— (A) in subparagraph (A), by inserting and subparagraph (D) after 2010 ; and (B) by adding at the end the following: (D) Insurance savings and loan holding companies (i) Tailored examinations and supervision Board examinations of, and supervisory guidance applicable to, an insurance savings and loan holding company shall be based upon a supervisory framework that is— (I) tailored to the risks and activities of the business of insurance; and (II) developed in consultation with State insurance authorities to ensure that such framework does not duplicate or conflict with State insurance requirements. (ii) Exemption for companies that meet applicable capital standards Subject to clause (iii), the Board shall neither examine nor apply supervisory guidance to an insurance savings and loan holding company, or any subsidiary of an insurance savings and loan holding company (other than a material subsidiary), if such company— (I) meets or exceeds applicable State insurance capital standards