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Operational risk best practice for insurers
24 September 2020Expert insights from the InsuranceERM Americas 2020 conference
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Bermuda Monetary Authority appoints insurance supervisor
02 September 2020Gerald Gakundi brings regulatory and industry experience to role
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Racial equality is overwhelming message at NAIC meeting
11 August 2020President Ray Farmer calls 2020 a moment of historical inflexion, commits NAIC to change
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NAIC creates 'race and insurance' committee
24 July 2020Will look at race bias and ways of increasing diversity in industry
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US lawmakers pressure insurers on Covid-19 business interruption claims
15 April 2020Seven US states have bills that would force insurers to cover business interruption claims
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US insurers in Covid-19 coverage crisis
24 March 2020Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
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Flood, climate, capital: NAIC president Ray Farmer's agenda for 2020
21 January 2020Ray Farmer is the new president of the National Association of Insurance Commissioners. In this Q&A with Sarfraz Thind, he talks about flood coverage, international regulation and how he intends to raise climate awareness
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US eliminates reinsurer collateral for Bermuda, Japan and Switzerland
11 December 2019Three countries given "reciprocal jurisdiction" status
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IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions
19 November 2019"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports
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IAIS Abu Dhabi: compromise on global capital standard keeps process on track
14 November 2019Paul Walsh summarises the reaction to today’s agreements that keep the Insurance Capital Standard on track, but not without objections from Canada and questions about US comparability