Posts Tagged

NAIC

The National Association of Insurance Commissioners (NAIC) of the U.S. in December 2019 approved changes to the Credit for Reinsurance Model Law and Regulation to bring models in line with provisions of covered agreements with the European Union and the UK in the treatment of qualifying jurisdictions such as Bermuda, Japan, and Switzerland. This covers reinsurers domiciled in the European Union, Bermuda, Japan, and Switzerland, who will soon receive