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EU member states have chosen to impose differing requirements on third country reinsurers pursuing business in the state (Insurance Day)

US reinsurers are now discovering a significant restriction on their ability to conduct cross-border reinsurance business in the EU

With the January reinsurance renewal season approaching...

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The position of these member states is in stark contrast to the French approach. France has used Solvency II implementation to further liberalise its reinsurance regime by abolishing the statutory collateral requirements for reinsurance ceded to third country reinsurers.

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