Search Results
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
NAIC elects Cioppa as next president
Four NAIC officers for 2019 were elected during recent meeting in San Francisco
Prudential Financial loses Sifi status
Insurer does not pose threat to financial stability, say US regulators
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
Former US insurance commissioner to lead Bermuda re/insurance association
John Huff to replace Brad Kading
Bermuda ready to negotiate covered agreement with US
Waiting for US to come to the table
IAIS gives ground in roadmap for global capital standards
IAIS published plan to create "common language" for group solvency from Malaysian meeting
NAIC adopts data security law
Rules include ongoing risk assessment, third-party vendor management and breach notification
Weak risk modelling at heart of possible insurer downgrades, warns Fitch
Some insurers will need fresh capital after loss year may reach $190bn