The global insurance industry plays a valuable social and economic role. Insurers promote financial security by indemnifying various risks faced by individuals and businesses such as sickness, loss ...
Reinsurance is one of the most globalised industries in the world today. Reinsurer’s unique ability to pool risks and pay claims on a global scale produces all the same welfare-enhancing effects for ...
Collateral requirements for reinsurance placements – Full capital credit is only allowed for reinsurance ceded to unregistered reinsurers holding collateral equaling 115% of the outstanding losses ...
The International Network of Insurance Associations (INIA) provides comments on application paper on regulation and supervision supporting inclusive insurance markets. Comments from the ...
An outcome focused approach is essential when comparing two different regulatory regimes. Otherwise, differences in regulatory approach may delay meaningful progress and detract attention away from ...
The letter's authors strongly encourage the U.S.-EU High Level Working Group on Jobs and Growth (Working Group) to endorse ambitious and well-developed regulatory cooperation provisions as part of ...
In the proposed reinsurance regulations, the Insurance Regulatory Authority of India (IRDA) states that the objectives of the reinsurance programmes should be “to maximize retention within the ...
Insurance Europe, the European insurance and reinsurance federation, highlights its key regulatory and market access issues with respect to the US, Brazil, Japan, India, Russia, China and Argentina. ...
Insurance Europe has contributed for many years to the discussions at the National Association of Insurance Commissioners (NAIC) to modernise the “Credit for Reinsurance Model Law and Regulation” and ...