The head of a U.S. reinsurers’ organization, reacting to New York’s proposed regulation easing the collateral requirement for foreign reinsurers, said today the group is against state-by-state reinsurance regulation.

Frank Nutter, president of the Reinsurance Association of America, said RAA is currently analyzing the proposal from New York Insurance Superintendent Eric Dinallo and plans to respond with a letter next week.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?

Dig Deeper



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.