Insurers are preparing for a discussion on working out global standards for insurance supervision that, once in place, have the ability to change the industry and the insurance market in the U.S.
The International Association of Insurance Supervisors should remove traditional insurance activities from its methodology for identifying globally systemically important insurers, the Geneva Association says.
The International Association of Insurance Supervisors should remove traditional insurance activities from its methodology for identifying globally systemically important insurers, the Geneva Association says.
Brokers will likely benefit from the uncertainty surrounding U.S. health-care reforms as companies seek their counsel over the new insurance requirements, according to Moodys Investors Service.
Brokers will likely benefit from the uncertain future for U.S. healthcare reforms as demand for brokers services should increase, according to Moodys Investors Service.
Property and casualty insurers and reinsurers are mounting a full-court press in an effort to limit involvement by federal and international regulators on their business.
Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.
Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.
Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumers" and lead to higher insurance premiums, the head of a trade group representing European carriers warned.