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News in brief: GFIA president, Aon adding climate to cat models, and more
16 November 2020Reinsurers' Covid-19 losses begin to fade
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US and UK finance groups propose "united vision" for regulation
25 September 2020British American Finance Alliance lobbies for involvement in future free trade agreement
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US insurers denounce racial injustice after George Floyd's death
02 June 2020Floyd, an African American, died from asphyxiation caused by white police officer
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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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US life insurers commend Trump administration on Nafta modernisation
13 December 2019USMCA "critical to continued success" of insurers working in North America
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FSOC ratifies vote on activities-based approach to systemic risk
06 December 2019Move welcomed by life insurers’ association
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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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Senate bill proposes state insurer vote on FSOC
03 May 2019PRIVA addresses need for insurance representation on Financial Stability Oversight Council