US and UK broker post-Brexit re/insurance deal

The deal preserves the benefits of the existing EU-US covered agreement for UK firms


US-EU covered agreement: a rocky road to implementation

US regulators have raised the ire of their European counterparts with their implementation of the covered agreement for reinsurance collateral negotiated last year. With no resolution in sight, states risk provoking a pre-emption of the law which could see the federal government taking control. US editor Sarfraz Thind reports


Insurance Europe accuses US of welching on covered agreement - UPDATED

Argues draft NAIC proposals do not reflect the original bilateral deal


IAIS gears up for a global supervisory regime

Since the International Association of Insurance Supervisors introduced the Insurance Capital Standard in 2016, the industry and some supervisors have pushed for fundamental changes in a number of areas. With a new consultation package, the IAIS aspires to square the circle. Aggelos Andreou reports


Bermuda ready to negotiate covered agreement with US

Waiting for US to come to the table


NAIC adopts data security law

Rules include ongoing risk assessment, third-party vendor management and breach notification


AIG loses US systemic risk status

FSOC votes 6-3 to remove Sifi tag


NAIC edges closer to cyber security model law

Regulation will improve cyber risk management but add to compliance costs, says Fitch


ILS investment here to stay, even with higher interest rates

Reinsurers say pension funds won't give up uncorrelated risks when investment markets improve