In a recent letter to the Federal Insurance Office (FIO) in the U.S., Insurance Europe urged the removal of collateral requirements imposed on non-US reinsurers in respect of their U.S. reinsurance business. Key opinions emphasised by Insurance Europe included that (a) the U.S. should place greater trust in non-U.S. reinsurance supervision and (b) reinsurers from a jurisdiction which has been deemed “qualified” for U.S. regulatory purposes should be dealt with identically to U.S. reinsurers.