Articles

Results 6 to 10 of 76


Illinois continues to pursue credit for reinsurance reform

USA - January 31 2012 Two bills were newly introduced to the 97th General Assembly of the State of Illinois with the aim of amending the existing credit for reinsurance laws of the state.

David W. Alberts, Lawrence R. Hamilton, Martin Mankabady

NAIC Captive & SPV Use Subgroup holds inaugural meeting

USA - January 31 2012 The Captive & SPV Use Subgroup (the “Subgroup”) of the NAIC Financial Condition (E) Committee held its inaugural meeting by conference call on Friday 27 January 2012.

David W. Alberts, Lawrence R. Hamilton, Martin Mankabady

New York passes bill regarding treatment of qualified financial contracts under insurance insolvencies

USA - June 30 2011 On 22 June 2011, the New York Assembly passed Senate Bill 2713A/ Assembly Bill 6603A which, if signed by the Governor, will add provisions to the New York Insurance Law regarding the treatment of qualified financial contracts in an insurance insolvency proceeding.

David W. Alberts, Lawrence R. Hamilton, Martin Mankabady

European Commission issues guidelines following Test-Achats ruling

European Union - January 31 2012 On 22 December 2011, the European Commission (“EC”) published a press release and guidelines (the “Guidelines”) on the application of the Gender Directive (2004/113/EC) (the “Directive”) in light of the decision of the European Court of Justice (“ECJ”) in Association Belge des Consommateurs Test-Achats and others (Case C-236/09) [2009] ECJ (“Test-Achats”).

David W. Alberts, Lawrence R. Hamilton, Martin Mankabady

ABI update on developments following Test-Achats ruling

European Union, United Kingdom - October 6 2011 The Association of British Insurers published an update on 12 August 2011 on developments following the judgement of the Court of Justice of the European Union in Association Belge des Consommateurs Test-Achats and others (Case C-236/09) [2009] ECJ (“Test-Achats”) and related issues.

David W. Alberts, Lawrence R. Hamilton, Martin Mankabady