1925

US coalition urges Congress to reform flood insurance

SmarterSafer encourages catastrophe bond usage

1923

The US presses ahead with its ORSA

A draft ORSA proposal is due to be discussed, and is expected to be adopted, at the NAIC fall 2011 national meeting starting 3 November. The basis of the NAIC proposal, which could become a key part of the regulatory framework for US insurers, is the draft ORSA Guidance Manual, whose key points Jean Connolly, Maryellen Coggins, Brian Paton, Tom Sullivan, Henry Jupe and David Scheinerman discuss here.

1915

Eiopa notes deviations between Bermudan regulation and Solvency II

Milliman comments on details of Eiopa's equivalence reports on Bermuda, Japan and Switzerland

1904

Final equivalence reports released by Eiopa

Eiopa publishes assessments of Bermuda, Japan and Switzerland

1903

Bermuda to start phasing in SCR at end of year

Follows trial run for small and medium-sized firms

1899

Canada's pension assets may not match life expectancy

Many schemes are under-reserved for longevity risk, says Swiss Re

1884

Concern grows over UK non-life reserve adequacy

Sector is struggling in economic environment, says AM Best

1876

FIO seeks feedback on insurance regulation

Comment sought for Dodd-Frank report

1871

CEA opposes US tax on foreign re/insurers

European federation and US industry groups dispute effects of Neal bill

1863

NAIC's SMI group to reconvene after Irene disruption

Members will discuss Solvency Modernisation Initiative in November