Is International Coordination of Insurance on the Horizon?

By Thomas E. Hampton, Senior Advisor, SNR Denton, 202-408-6401, thampton@sonnenschein.com As the United States economy slowly recovers from the 2008 recession, the focus of Capitol Hill has turned to the Wall Street financial institutions, many of whom needed Washington to provide them capital for...

Goldberg Segalla LLP on The Rise and Implications of the Chinese Insurance Industry

By Daniel W. Gerber and Richard J. Ahn, Attorneys, Goldberg Segalla LLP The U.S. insurance industry has undergone significant change which has yet to become fully evolved. In fact, only recently has the Federal Insurance Office issued its report on “How to Modernize and Improve the System...

Group-Wide Global Insurance Capital Standards First Step - Basic Capital Mandate for G-SIIs

Introduction As the first step in the development of group-wide global insurance capital standards, the International Association of Insurance Supervisors (IAIS) released for public consultation its proposal on basic capital requirements (BCR) for global systemically important insurers (G-SIIs...

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What Will 2014 Bring For the Insurance Industry?

The tectonic plates of insurance regulation are shifting – with reverberations across the industry. The industry is also faced with significant commercial pressures, including a flood of third-party capital; persistent historically low investment returns, which are driving insurers to search for...