regulations News

FERMA Calls for Withdrawal of New Brazilian Reinsurance Regulations

The Federation of European Risk Management Associations (FERMA) has called on the Brazilian government to withdraw two new reinsurance regulations due to enter into force on March 31st, “because they threaten to reduce the capacity for coverage of large commercial …

NAIC, EU Regulators Hold Meeting on International Insurance Regulation

As business becomes more globalized, the financial services industry, including insurance, has recognized the need to keep up with the changing times. Both U.S and European Union regulators have therefore embarked on several initiatives requiring mutual discussion and cooperation, as …