Skinner argues for a global standard on Solvency II

Despite relations between the EU and US insurance regulators being strained of late, due to a dispute over collateral for overseas insurers in the US, Peter Skinner lauded the close relationships between the two and said he expected Solvency II to become a global standard.

The spat hinged on the New York regulator's decision to drop the regulation which requires non-US reinsurers to post double the collateral of domestically registered companies. John Oxendine, Georgia's insurance supervisor and

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