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Dodd-Frank Nonadmitted and Reinsurance Reform Act becomes effective

USA - August 2 2011 On 21 July 2011, the Nonadmitted and Reinsurance Reform Act of 2010 (the “NRRA”), which is Subtitle B of Title V of the Dodd-Frank Wall Street Reform and Consumer Protection Act, became effective.

Lawrence R. Hamilton, Martin Mankabady, Annemarie Payne

Global corporate insurance & regulatory bulletin - second quarter 2014

Global - August 15 2014 During the first half of 2014, the NAIC, through its various task forces and working groups, has continued its work on reserve financing issues…

Colin Scagell, Lawrence R. Hamilton, Vikram Sidhu

Global corporate insurance & regulatory bulletin - first quarter 2014

China, European Union, Hong Kong, Singapore, United Kingdom, USA, Vietnam - April 29 2014 As reported in our prior bulletins, on 18 July 2013 the International Association of Insurance Supervisors (“IAIS”) published a methodology for…

Colin Scagell, Lawrence R. Hamilton, Vikram Sidhu

Global corporate insurance & regulatory bulletin

China, European Union, United Kingdom, USA - December 5 2013 The China Insurance Regulatory Commission (“CIRC”) announced new rules (Implementing Rules of Provisional Measures on Outbound Investments with…

Lawrence R. Hamilton, Vikram Sidhu

US: New York amends insurance holding company regulation

USA - 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…

Lawrence R. Hamilton, Martin Mankabady, Vikram Sidhu