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US: New York amends insurance holding company regulation
- Mayer Brown LLP
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- USA
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- June 4 2013
On June 23, 2013, the Third Amendment to New York Insurance Regulation 52 (11 NYCRR 80-1), the New York regulation on insurance holding companies
US: Congress introduces two bills to increase taxation of foreign
- Mayer Brown LLP
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- USA
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- June 4 2013
Two members of Congress have introduced bills aimed at closing alleged loopholes in the U.S. tax structure that they say favor foreign reinsurers
US: New York inquires into cyber threats at insurance companies
- Mayer Brown LLP
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- USA
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- 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
US: 2013 NAIC International Insurance Forum
- Mayer Brown LLP
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- USA
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- June 4 2013
The National Association of Insurance Commissioners ("NAIC") held its 2013 International Insurance Forum on May 9-10, 2013 in Washington, DC. The
Brazil: SUSEP streamlines procedures for the incorporation of local
- Mayer Brown LLP
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- Brazil
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- June 4 2013
The National Superintendence of Private Insurance ("SUSEP") intends to make the procedures for the incorporation of insurance companies, local
UK: government announces strategy to promote the UK insurance
- Mayer Brown LLP
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- United Kingdom
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- 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
UK: insurance ‘add-ons’ come into the line of fire
- Mayer Brown LLP
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- United Kingdom
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- June 4 2013
The Financial Conduct Authority ("FCA") has recently upped its scrutiny of insurance add-ons. There has been heightened speculation in the market
UK: Solvency II update
- Mayer Brown LLP
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- European Union, United Kingdom
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- 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
China: tighter rules on insurance licensing and life insurance telesales
- Mayer Brown LLP
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- China
- -
- June 4 2013
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Brazil: establishment of the Brazilian fund and guarantee
- Mayer Brown LLP
- -
- 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
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