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Insurers urged to respond to TRIA expiration
06 January 2015
New York Reporter Stephen Durham

Benjamin Lawsky, the superintendent of financial services for New York, has urged insurers based in the state to respond in writing to a number of questions related to the expiration of TRIA...

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DC amends captive insurance act
05 January 2015
Washington DC Reporter Stephen Durham

The District of Columbia has approved enacting amendments to the Captive Insurance Company Act of 2004 in order to, among other things, strike any and all references to segregated accounts within the legislation...

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EIOPA gives Bermuda thumbs up
22 December 2014
Bermuda Reporter Stephen Durham

EIOPA has endorsed key aspects of Bermuda’s commercial reinsurance regulatory regime as meeting the criteria of the Solvency II directive...

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No more TRIA in the new year
18 December 2014
New York Reporter Stephen Durham

RIMS has expressed its concern for Congress’ inability to extend the Terrorism Risk Insurance Act (TRIA) before its deadline on 31 December 2014...

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No Christmas slow-down for NAIC
17 December 2014
Washington DC Reporter Stephen Durham

The NAIC has adopted both the Revised Insurance Holding Company System Regulatory Act and AG48, while also approving seven new qualified jurisdictions...

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US Congress clears up capital standards
12 December 2014
Washington DC Reporter Stephen Durham

The NAIC has commended the US Congress for passing the Insurance Capital Standards Act of 2014...

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European insurers ready for Solvency II
01 December 2014
Frankfurt Reporter Stephen Durham

The insurance sector is, in general, sufficiently capitalised in Solvency II terms, according to EU-wide insurance stress tests conducted by EIOPA...

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