Icy tensions slow glacial collateralisation talks

The deadlock continues in the ongoing debate over collateralisation rules for foreign companies that wish to participate in the US (re)insurance market.At the moment, as US law now stands, foreign (re)insurers cannot trade in the US market without posting 100% collateral to cover their liabilities, a rule that has been attacked in Europe as being unfair.Although the National Association of Insurance Commissioners (NAIC) has released the results of the last meeting into the debate over this i