A UK government cross-party committee has approved the UK’s Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulations 2017, which make up the UK’s insurance linked-securities (ILS) legislation
Judge Mark Holmes has denied the Avrahamis’ motion for reconsideration concluding that at least one policy was so “ill-drafted” that it was both a claims-made and an occurrence policy
CIC Services has said losing its court case to the Internal Revenue Service (IRS) was “disappointing”
The Prudential Regulation Authority (PRA) has revealed it is to make improvements the Solvency II directive, less than two years after its implementation date
Malcolm Newman, CEO of Scor’s London hub and sponsor of the London Market Group’s (LMG) ILS Taskforce is “cognisant of the time pressures if ILS applications are to be made in time for 1 January renewals”
New captive legislation is to set Tennessee apart from other US captive insurance domiciles, according to the state’s Department of Commerce and Insurance (TDCI).
The US and EU have signed the bilateral covered agreement on insurance and reinsurance
