Archive

  • US-EU covered agreement: a rocky road to implementation

    27 November 2018

    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

  • IAIS faces fresh debate on systemic risk – and clash on capital standard

    31 October 2017

    The International Association of Insurance Supervisors meeting in Kuala Lumpur this week comes amid a renewed debate about systemic risk in insurers and big questions about the deadlines for developing a global capital standard. Christopher Cundy reports

  • US insurance chiefs meeting Mnuchin on 7 June

    02 June 2017

    Group uncertain how hard to push benefits of covered agreement

  • NAIC slams secretive process behind covered agreement

    16 January 2017

    Could act as "backdoor to force foreign regulations on US companies"

  • NAIC slams EU on covered agreement

    29 September 2016

    EU has all the information it needs to avoid more regulatory retaliation, says NAIC

  • EU and US kick off negotiations for covered agreement

    18 February 2016

    Solvency II equivalence is linked to reducing reinsurance collateral requirements

  • US clears last hurdle to negotiate covered agreement with EU

    23 November 2015

    Regulators seek Solvency II equivalence in return for harmonisation of reinsurance collateral requirements

  • FIO attacks scope and timing of state regulators' captive reform

    05 October 2015

    Proposed rules insufficient to stop insurers from using captives to overly reduce level of reserves

  • EU-US negotiations start in second quarter

    16 January 2015

    Deal to cover group supervision regimes and collateral requirements for reinsurers

  • US Treasury highlights financial stability risk of captives

    09 December 2014

    Warns over growing use