USA - November 8 2011
The Financial Stability Oversight Council (FSOC) is reportedly considering reopening the public comment period on its systemic risk proposals....
Sean Keely.
France - November 8 2011
The Guarantee Fund of Compulsory Damage Insurances (Fonds de garantie des assurances obligatoires de dommages - FGAO) intervenes in various fields such as hunting or road accidents in France, where the liable person is unknown or uninsured (Article L421-1 of the French Insurance Code)....
Sean Keely.
USA - November 8 2011
Legislation has been introduced in both the House and the Senate that would reportedly increase the tax bills of P&C insurers ceding US risks to offshore affiliates by US$12bn over the next decade....
Sean Keely.
USA - November 8 2011
The Delaware Supreme Court considered the legality of certain Stranger Originated Life Insurance (STOLI) arrangements under Delaware law in two recent cases....
Sean Keely.
USA - November 8 2011
On 26 September 2011, the federal district court for the Northern District of Oklahoma granted a reinsurer’s motion to dismiss a third-party complaint brought by a policyholder against one of its insurers reinsurers....
Sean Keely.
