The New York Insurance Department (NYID) says its proposals to create a new collateral framework for so-called alien reinsurers will help keep the state competitive and bring the US "into the 21st century of financial services regulation".
The New York Insurance Department (NYID) says its proposals to create a new collateral framework for so-called alien reinsurers will help keep the state competitive and bring the US "into the 21st century of financial services regulation".