UK warns on funded reinsurance for counterparty and correlations risks
The UK is considering tightening the regulatory regime around which UK insurers take on funded reinsurance arrangements, backed by defined asset portfolios, given rising counterparty and correlations risks.
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12 November 2013 The protracted nature of trying to unify changes across the state-based regulatory system in the US means a more uniform approach would be beneficial to all, as Frank Nutter explains.