WASHINGTON–The Doha-round of World Trade Organization talks underway in Geneva this week are critical to additional market-opening commitment for insurers in the foreseeable future, a U.S. insurance trade group said.

U.S. insurers' objectives are talks that will move toward a set of deadlines and an atmosphere leading to “genuine additional market-opening, especially in large parts of Asia, and countries in Latin America and Africa,” explained David Snyder, an American Insurance Association vice president and assistant general counsel.

Specifically, he said, the United States is opting for breakthroughs that will assure that existing liberalization is enforced and that new market openings are allowed in those areas.

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