Reserves

Reserves ceded to life & annuity sidecars neared $55bn in 2023: AM Best – Go Health Pro

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Reserves ceded to life & annuity sidecars neared bn in 2023: AM Best – Go Health Pro

According to ratings agency AM Best, reinsurance leverage and surplus relief has risen significantly in recent years, driven by strong annuity premium growth, which has driven additional capital to the market, while a number of life and annuity (L/A) insurers have established sidecars to manage expansion and risk-based capitalisation.In fact, the agency states that total … Read more

The EU Council Determination on Russia’s Central Financial institution Reserves and Its Authorized Challenges – EJIL: Discuss! – Cyber Information

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The EU Council Determination on Russia’s Central Financial institution Reserves and Its Authorized Challenges – EJIL: Discuss! – Cyber Information

On 28 February 2024, the President of the European Fee, Ursula von der Leyen, introduced that ‘it’s time to begin a dialog about utilizing the windfall earnings of frozen Russian property to collectively buy navy tools for Ukraine’. This assertion comes on the heels of a call adopted by the Council of the European Union … Read more

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