US – COLLATERAL DISPUTE
May 1st, 2005
BY ALAN OSBORNTwo new schemes aimed at resolving the differences between the European Union and the US over the posting of collateral by non-American re-insurers in the US market are to be considered by the National Association of Insurance Commissioners (NAIC) of the US at its summer meeting in Boston June 11-14th. This follows a meeting on May 23 of the ad hoc group of regulators, unauthorised re-insurers, licensed re-insurers and cedents set up by the NAIC about 15 months ago and at which it was decided to submit comments on the two proposed solutions on or ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.