Skip to main content

  • AddRemove
  • Build a Report 
Legal Update

Global Corporate Insurance & Regulatory Bulletin

9 October 2013
Mayer Brown Legal Update


  • China – Second Judicial Interpretation Helps Clarify PRC Insurance Law
  • China – Foreign Insurers Allowed to Contribute Registered Capital in Yuan
  • China – Consultation on Reinsurance as a Capital Optimisation Tool
  • China – Anything Can Be Insured: Mid-Autumn Festival Bad Weather Insurance
  • Hong Kong – Is a Cover Note a Formal Insurance Policy?
  • Hong Kong – Insurers Not Presumed to Know Facts Merely Because They Are Available on the Internet
  • Myanmar – Private Insurers Commence Operations


  • UK – Capital extractions by general insurers in run-off
  • Europe – EIOPA conference on global insurance supervision


  • US – Initial Rector Report on Reserve Financing Transactions Submitted to the NAIC’s Principle-Based Reserving Implementation (EX) Task Force
  • US – New York Department of Financial Services Will No Longer Implement AG38 Principles-Based Reserving Approach
  • US - Bermuda Monetary Authority Participating in the NAIC’s Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions
  • US – FSOC’S Final Determination regarding Designation of Prudential Financial Inc. as Systemically Important Insurer
  • US - NY DFS Letter regarding Terrorism Risk Insurance Program Renewal


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

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.