Alabama adopts group capital calculation exemption and limited filing options
The rule states that the lead state commissioner may grant an exemption where an insurance holding company system meets all…
Tag: capital
As Insurance, Private Capital and Asset Management Converge, Investors Jump Into Sidecars | Skadden, Arps, Slate, Meagher & Flom LLP
Key Points As insurers seek new capital, one increasingly popular way to obtain it is through a “sidecar,” which allows…
Alternative Capital for the Life Insurance Sector | Mayer Brown
[co-author: Francesco Faccendini] Introduction The Prudential Regulation Authority (PRA) has for several years been heavily focussed on developments in the…
Hartford and Capital Credit Union clash over $3 million in bankruptcy battle
The dispute centers on two contracts: the General Indemnity Agreement (GIA) and the Intercreditor Collateral Agreement (ICA). The GIA, signed…
Alarm raised as private capital floods into insurance
On Wall Street, few propositions are as stark as this: you earn a floating coupon so long as a defined…