10 April 2013News

EU-US strengthen insurance dialogue

The Steering Committee of the EU-US Insurance Dialogue Project has positioned confidentiality, reinsurance and collateral as key issues to address in its high-level work plan for the 2013-2017 period.

Following their recent meeting in Basel, the committee agreed to also begin work on initiatives relating to solvency and capital requirements, group supervision and on-site examination practices. The committee will report publicly on its achievements later in the year and will give stakeholders an opportunity to provide their thoughts on supervisory best practice.