UK: government announces strategy to promote the UK insurance *

United Kingdom - June 4 2013
Greg Clark, Financial Secretary to the Treasury, recently spoke at an insurance conference where he expressed his respect for the UK insurance…

Co-authors: David W. Alberts, Lawrence R. Hamilton, Martin Mankabady.

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US: New York inquires into cyber threats at insurance companies *

USA - June 4 2013
At the direction of New York Governor Andrew Cuomo, the New York Department of Financial Services ("NYDFS") is conducting an investigation on how…

Co-authors: David W. Alberts, Lawrence R. Hamilton, Martin Mankabady.

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Brazil: establishment of the Brazilian fund and guarantee *

Brazil - June 4 2013
On April 29, 2013, Brazil's National Council for Private Insurance ("CNSP") issued Resolution No. 286, which sets forth complementary rules for the…

Co-authors: David W. Alberts, Lawrence R. Hamilton, Martin Mankabady.

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Brazil: SUSEP streamlines procedures for the incorporation of local *

Brazil - June 4 2013
The National Superintendence of Private Insurance ("SUSEP") intends to make the procedures for the incorporation of insurance companies, local…

Co-authors: David W. Alberts, Lawrence R. Hamilton, Martin Mankabady.

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UK: Solvency II update *

European Union, United Kingdom - June 4 2013
As reported in last month's insurance bulletin, the Chief Executive of the Prudential Regulation Authority (PRA), Andrew Bailey voiced his concerns…

Co-authors: David W. Alberts, Lawrence R. Hamilton, Martin Mankabady.

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