Filed Under:Markets, Reinsurance

NAIC Model Law Reduces Collateral Requirements for Non-U.S. Reinsurers

NU Online News Service, Nov. 7, 1:48 p.m. EDT

NATIONAL HARBOR, Md.—The full National Association of Insurance Commissions passed a landmark model law Sunday that seeks to reduce reinsurance collateral requirements for non-U.S. reinsurers domiciled in qualified jurisdictions.

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