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Results: 1-10 of 99

Financial Holding Company Act 2013

  • Mayer Brown LLP
  • -
  • Singapore
  • -
  • May 9 2013

Singapore's legislature enacted the Financial Holding Company Act 2013 ("Act") on 8 April 2013. The Act introduces a regulatory framework for the

Chief Executive of the Prudential Regulation Authority (“PRA”) voices concerns over the implementation of the Solvency II directive

  • Mayer Brown LLP
  • -
  • United Kingdom
  • -
  • May 9 2013

The Chief Executive of the PRA, Andrew Bailey, has recently expressed his concern regarding the implementation of the Solvency II directive. One of

President Obama’s 2014 fiscal year budget proposes deduction for reinsurance premiums paid to non-US affiliates

  • Mayer Brown LLP
  • -
  • USA
  • -
  • May 9 2013

The 2014 Fiscal Year Budget for the US federal government proposed by the Obama administration would end the tax deduction for reinsurance premiums

NAIC Spring 2013 national meeting

  • Mayer Brown LLP
  • -
  • USA
  • -
  • May 9 2013

The National Association of Insurance Commissioners ("NAIC") held its Spring 2013 National Meeting on April 6-9, 2013 in Houston, Texas. Set forth

Mortgage Guaranty Insurance (E) Working Group

  • Mayer Brown LLP
  • -
  • USA
  • -
  • May 9 2013

The NAIC's Mortgage Guaranty Insurance (E) Working Group (the "MGIWG") held a meeting at the NAIC Spring 2013 National Meeting to discuss the

Amendments to the Insurance Act

  • Mayer Brown LLP
  • -
  • Singapore
  • -
  • May 9 2013

Singapore passed the Insurance (Amendment) Act on 15 March 2013 to amend the Insurance Act (Chapter 142 of the 2002 Revised Edition) ("Amended Act"

China Insurance Regulatory Commission raises cap for domestic investors in insurers

  • Mayer Brown LLP
  • -
  • China
  • -
  • May 9 2013

China Insurance Regulatory Commission ("CIRC") has raised the ownership ceiling for domestic investors in insurers from 20 to 51, potentially

Update on the NAIC Solvency Modernization Initiative (E) task force and its working groups

  • Mayer Brown LLP
  • -
  • USA
  • -
  • May 9 2013

The NAIC's Solvency Modernization Initiative (E) Task Force (the "SMI Task Force") and its working groups, including the Corporate Governance (E

Reinsurance (e) task force and the NAIC list of qualified jurisdictions

  • Mayer Brown LLP
  • -
  • USA
  • -
  • May 9 2013

The NAIC's Reinsurance (E) Task Force (the "RTF") met at the NAIC Spring 2013 National Meeting to discuss revisions to RTF's draft "Process for

Effect of new data privacy rules on direct marketing by insurance companies

  • Mayer Brown LLP
  • -
  • Hong Kong
  • -
  • May 9 2013

The provisions in Hong Kong's Personal Data (Privacy) (Amendment) Ordinance 2012 ("Amendment Ordinance") relating to direct marketing came into