In September 2017, the European Union and the United States executed a bilateral treaty called the US-EU Covered Agreement, which for the first time ever permitted US ceding insurers to receive 100% credit on their statutory...more
In the few short weeks since our last report on climate change and the US insurance industry, the volume of climate change news has been extraordinarily high. The range of developments has been broad to say the very...more
At the beginning of the year, we published a short report on the surge in year-end insurance regulatory activity concerning climate change risks (available here). January was another busy month, and we report below on...more
2/17/2021
/ Bermuda ,
Biden Administration ,
Canada ,
Climate Change ,
Commercial Insurance Policies ,
EU ,
Insurance Regulations ,
Popular ,
Regulatory Oversight ,
Risk Factors ,
UK ,
United States
In late November 2020, we published a high-level review of insurance regulatory developments relating to climate change, available here. In the six weeks since, regulators and industry participants on both sides of the...more
1/5/2021
/ Climate Change ,
Compliance ,
Corporate Governance ,
Disclosure Requirements ,
EIOPA ,
EU ,
Financial Regulatory Agencies ,
IAIS ,
Insurance Industry ,
ORSA ,
Proposed Amendments ,
Regulatory Oversight ,
Risk Management ,
Sustainable Finance ,
Underwriting