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Legal Update

Global Corporate Insurance & Regulatory Bulletin

October 2013
Mayer Brown Legal Update

Global

  • Global – IAIS commits to develop a global insurance capital standard by 2016

Asia

  • Hong Kong – From self-regulation to a licensing regime
  • Philippines – Reform increases insurance capital requirements in preparation for ASEAN 2015
  • Taiwan – Outbound real estate investment by insurers expected to increase

UK/Europe

  • UK – EIOPA issues Solvency II Guidelines
  • UK – Schemes of arrangement by general insurance firms

US/Americas

  • US – Additional regulators participating in the NAIC’s process for developing and maintaining the NAIC List of Qualified Jurisdictions

Authors

  • David W. Alberts
    T +1 212 506 2611
  • Lawrence R. Hamilton
    T +1 312 701 7055
  • Colin Scagell
    T +44 20 3130 3315

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