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25 February 2018

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RAA calls for covered agreement conclusion

Matthew Neill 14 December 2016

The Reinsurance Association of America (RAA) has urged the European Union (EU) and US to finalise a covered agreement for prudential (re)insurance supervision, as talks on regulatory equivalency rumble on.

In a statement the RAA said that while it supported the ongoing negotiations between the two sides, a prompt resolution was required as US insurers continue to face barriers to doing business in the EU due to Solvency II issues.

The RAA is the latest industry body to push for...

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