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Global corporate insurance & regulatory bulletin

China, Global, Hong Kong, United Kingdom, USA - July 31 2013 On July 18, 2013, the G-20’s Financial Stability Board ("FSB") released its list of nine global systemically important insurers ("GSIIs"): Allianz SE…

David W. Alberts, Lawrence R. Hamilton, Vikram Sidhu

Global corporate insurance & regulatory bulletin

Asia-Pacific, United Kingdom, USA - June 30 2013 In recent years, many Asian countries have adopted Risk-Based Capital regimes ("RBC") to regulate solvency of insurers. With the European Union’s…

David W. Alberts, Lawrence R. Hamilton, Vikram Sidhu

Corporate governance and piercing the corporate veil – Supreme Court rules to extend exceptions

United Kingdom - June 12 2013 The Supreme Court's decision in the case of Petrodel v Prest, handed down today, marks a crucial shift in the extent to which the courts…

Michael Hutchinson

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…

David W. Alberts, Lawrence R. Hamilton, Vikram Sidhu

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…

David W. Alberts, Lawrence R. Hamilton, Vikram Sidhu