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Subjects / Insurance

Newsletter May 2007: Doubts over US ability to deliver reinsurance reforms

Simon Turmaine | June 6, 2007

LONDON – The body representing state insurance regulators in the United States declined comment on remarks by top UK regulator John Tiner casting doubt on the ability of the US to deliver proposed reforms on reinsurance regulation that are keenly desired in Europe. US and European leaders meeting in Washington in late April for the US-EU summit put the advancing of convergence in reinsurance regulation on the agenda of the agreement they reached on increasing cooperation on financial regulation (see page 18).

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