Regulators tackle open reinsurance issues

Connolly, Jim
August 1998
National Underwriter / Life & Health Financial Services;8/17/98, Vol. 102 Issue 33, p8
Discloses that insurance regulators in the United States have started working on reinsurance issues tied to Codification of Statutory Accounting Principles. Failure of regulators and insurers to come to full agreement on the issue of segmenting assets on reinsured and non-reinsured blocks of business; Changes in language; Conversion of modified coinsurance to coinsurance.


Related Articles

  • IRS evaluates consequences of insurer's stock purchase. Cuddy, Michael J.; Glaser, Richard N. // Best's Review / Life-Health Insurance Edition;Nov93, Vol. 94 Issue 7, p108 

    Reveals a ruling made by the Internal Revenue Service on the acquisition of a life insurance company's stock. Assumption of reinsurance transaction; Evaluation of tax consequences; Specified insurance contracts; Recomputation of loss reserves.

  • As rules change, financial reinsurers adapt, survive. Greenwald, Judy // Business Insurance;10/31/94, Vol. 28 Issue 44, p29 

    Reports on the impact of regulatory changes and accounting rules on the reinsurance industry in the United States. Description of the changes in regulations and the accounting rules from the Financial Accounting Standards Board; Industry analysts' comments.

  • The future of reinsurance regulation. Kading, Bradley L. // CPCU Journal;Summer95, Vol. 48 Issue 2, Focus on Reinsurance p11 

    Focuses on the future of reinsurance regulation in the United States. Expanded US regulatory and accounting restrictions; US and foreign tax policy that encourage capitalization overseas; Critical need to manage catastrophe exposures; Experimenting with alternative products; Form and substance...

  • Disaster re plan pushed by Clinton. Brostoff, Steven // National Underwriter / Property & Casualty Risk & Benefits Manag;3/27/95, Vol. 99 Issue 13, p4 

    Reports on a natural disaster reinsurance plan by President Bill Clinton's Administration. Excess-of-loss proposal; Insurance officials' belief that the plan's inability to solve disaster coverage problems.

  • Russia to set up new partly private reinsurer. Kudimova, Elena // Business Insurance;1/2/95, Vol. 29 Issue 1, p19 

    Reports that the Russian government is planning to establish a new partially state-owned reinsurer in 1995 to help generate increased domestic reinsurance capacity. Owners of the planned company; Capital; Capacity of the market for domestic reinsurance in Russia; Obstacles to purchasing...

  • IRS won't appeal its defeat in reinsurance pact ruling. Brostoff, Steven // National Underwriter / Life & Health Financial Services;10/28/96, Vol. 100 Issue 44, p1 

    Reports that the United States (US) Internal Revenue Service (IRS) has decided not to appeal a US States Tax Court decision which rejected an effort by the IRS to alter a life reinsurance agreement. How the IRS categorised the agreement; Details on the case Trans City Life verses Commissioner...

  • EU officials see need for unity in re regulation. Howard, Lisa // National Underwriter / Property & Casualty Risk & Benefits Manag;11/18/96, Vol. 100 Issue 47, p15 

    Reports on November 18, 1996 that the officials from the European Union saw the need for the creation of a single insurance market with harmonized regulations for reinsurers. Differing opinion on how reinsurance should be regulated; Comments from Pierre Champvillard of Scor Reassurance in Paris;...

  • Reinsurers Clearing Hurdles In Asia. Sclafane, Susanne // National Underwriter / Property & Casualty Risk & Benefits Manag;09/13/99, Vol. 103 Issue 37, p9 

    Comments on the liberalization of insurance industry in Asia. Changes in India's reinsurance policies; Forecast on the capital market development; Status of other Southeast Asian countries; Analysis on the growing economy of China; Outlook on the existence of centralized reinsurance mechanism.

  • Changes Among Reinsurance Operations.  // International Insurance Monitor;1999 2nd Quarter, Vol. 52 Issue 2, p28 

    Reports on the fiscal law in Mexico affecting reinsurance. Tax that will be imposed on interest paid to reinsurance institutions.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics