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Monthly Issues Focus: Current Topics are Allocation and Life Insurance
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11/20/2009 12:15:02 AM EST
InsureReinsure - The Insurance & Reinsurance Blog
On 2 November 2009, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) released its third set of advice on Solvency II Level 2 implementing meas ...
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11/19/2009 10:37:09 AM EST
InsureReinsure - The Insurance & Reinsurance Blog
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has announced that it will run an EU-wide stress test for Europe's largest insurers during De ...
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11/18/2009 12:34:02 PM EST
M. Machua Millett
Posted by M. Machua Millett
attorney, Edwards Angell Palmer & Dodge LLP
The Superintendencia de Bancos y Otras Instituciones Financieras (SIBOIF) (Nicaragua), Superintendencia del Sistema Financiero (SSF) (El Salvador) and Superintendencia de Banco ...
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11/5/2009 2:37:19 PM EST
M. Machua Millett
Posted by M. Machua Millett
attorney, Edwards Angell Palmer & Dodge LLP
American Life Insurance Company (Alico) recently received conditional authorization to operate in Costa Rica. The company will now have 120 days to conform with further regulatory require ...
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11/5/2009 11:07:45 AM EST
M. Machua Millett
Posted by M. Machua Millett
attorney, Edwards Angell Palmer & Dodge LLP
Mexico recently issued a US $290 million series of notes to provide cover for earthquake and hurricane damage under the World Bank’s new MultiCat Pro ...
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11/4/2009 10:07:16 AM EST
M. Machua Millett
Posted by M. Machua Millett
attorney, Edwards Angell Palmer & Dodge LLP
Eduardo Recinos, Insurance Director for Fitch Centroamerica, reportedly commented recently that the true volume of insurance sales in Costa Rica is obscured by illegal sale of foreign insuranc ...
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11/2/2009 7:04:06 PM EST
InsureReinsure - The Insurance & Reinsurance Blog
The Bermuda Monetary Authority (BMA) has published an Information Bulletin (the Bulletin), dated 5 October 2009, setting out the BMA’s approach to the supervision of special purpose insu ...
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11/2/2009 11:19:23 AM EST
M. Machua Millett
Posted by M. Machua Millett
attorney, Edwards Angell Palmer & Dodge LLP
On November 1-4, 2009, Machua Millett of EAPD is participating in the 32nd Hemispheric Insurance Conference, hosted by the Federacion Interamericana de Empresas de Seguros (FIDES ...
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10/28/2009 11:56:34 AM EST
InsureReinsure - The Insurance & Reinsurance Blog
On 1 October 2009, the Bermuda Monetary Authority (BMA) published three market communications outlin ...
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10/28/2009 2:08:24 PM EST
InsureReinsure - The Insurance & Reinsurance Blog
In its latest update published 14 October, the Law Commission has confirmed that it intends to publish a final report and draft Bill focused on the reform of consumer insurance l ...
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10/26/2009 12:32:52 PM EST
Barry Zalma
Posted by Barry Zalma
Attorney and Consultant
Although the use of insurance fraud to fund terrorist organizations has been well known by those involved in attempts to reduce insurance fraud for decades, the mainstream media is beginning t ...
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10/1/2009 9:27:07 AM EST
InsureReinsure - The Insurance & Reinsurance Blog
Eduardo Iturriaga, Director General of Mexico’s insurance regulator, the Comision Nacional de Seguros y Fianzas, recently reminded the market that purchasing foreign insurance from within Mexico is both a violation of the insurance law and a cr ...
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9/30/2009 12:52:02 AM EST
Gaston Fernandez
Posted by Gaston Fernandez
Associate, Lovells LLP
CIRCULAR ON POLICY-ORIENTED AGRICULTURAL INSURANCE BUSINESS PUBLISHED TO ENCOURAGE MARKET DEVELOPMENT
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9/29/2009 4:48:18 PM EST
LexisNexis Insurance Center Staff
LONDON – Guy Carpenter & Company, LLC on Sept. 9 published its annual update on legislative and legal developments affecting insurers and reinsurers in Continental Europe. “Rec ...
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9/28/2009 9:00:47 AM EST
Joaquin Ruiz Echauri
Posted by Joaquin Ruiz Echauri
Partner, Lovells LLP
FASECOLDA RESUME FINANCIAL REFORM ASPECTS IN INSURANCE SECTOR
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