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The U.S. insurance industry, both property casualty and life, is urging Brazil to stop restricting reinsurance access to only domestic reinsurers in one of the worlds leading emerging markets for insurance.

We've got individual company loss estimates coming in on the Japan earthquake and tsunami, including those from AIG and Swiss Re; a Moody's review on Flagstone and accompanying response; a piece on foreign reinsurers and reduced collateral requirements in Florida; and a bid to make earthquake insurance more affordable.

Proposed tax legislation aimed at offshore reinsurers "will distort the playing field" to the advantage of U.S. insurers and increase costs for consumers, a lobbyist for Bermuda companies said.

Proposed tax legislation aimed at offshore reinsurers "will distort the playing field" to the advantage of U.S. insurers and increase costs for consumers, a lobbyist for Bermuda companies said.

The plan was adopted by the Reinsurance "E" Task Force and was due for adoption by the full "E" Committee tomorrow. If it is adopted at the "E" Committee, it will go to the NAIC's executive committee

A guidance to be issued by the Internal Revenue Service next week will require payment of an excise tax on property-casualty insurance premiums every time the money is ceded to foreign insurers and

The framework, approved at a session of the Reinsurance Task Force of the National Association of Insurance Commissioners, will next go before the NAIC's Financial Condition "E" Committee, before

That scheme will now go before the NAIC's Financial Condition "E" Committee before proceeding to the NAIC executive committee and then a final plenary session. The framework allows non-U.S. reinsurers