New reinsurance-related and arbitration developments from Carlton Fields
The follow the fortunes (or follow the settlements) doctrine has been an important part of many reinsurance relationships. This Special Focus article focuses on divergent case law as to whether the doctrine is purely a matter of contract, or whether it should be implied into every reinsurance contract, whether or not the contract refers to the doctrine.
This post written by Rollie Goss.
See our disclaimer.
The NAIC recently held a hearing on the implementation of the reduced reinsurance collateral provisions of the Covered Agreement. A Special Focus article describes the hearing.
This post written by Rollie Goss.
See our disclaimer.
We earlier posted on a report issued by the U.S. Treasury Department that might provide a preview of the Trump Administration’s agenda for the insurance industry. A more detailed analysis of that report appears in a Special Focus article.
This post written by Rollie Goss.
See our disclaimer.
Both the E.U. and the Trump Administration have now indicated that they will sign the Covered Agreement negotiated by the Obama Administration. How and when will the various provisions of this Agreement be implemented? In a Special Focus article we discuss implementation issues and possible consequences for the non-E.U./U.S. market.
This post written by Rollie Goss.
See our disclaimer.
The United States and the European Union have agreed on the final wording of a Covered Agreement which covers several topics, including the provision of collateral by foreign reinsurers. We discuss the Covered Agreement and the initial responses to the agreement in a Special Focus article.
This post written by Rollie Goss.
See our disclaimer.