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Regulation

New York appeal court reverses access decision

A case cited in the January issue of Reinsurance Magazine has been reversed on appeal. In Gulf Insurance Co. v. Transatlantic Reinsurance Co., No. 601602/03 (N.Y. Sup. Ct. May 21, 2004), the Supreme Court of the State of New York, the state's trial-level…

FSA urges final applications

The FSA today revealed its latest figures on the authorisation of general insurance intermediaries, and urged firms wanting to continue to do business after 14 January to apply now.

Possible movement ahead on US asbestos bill

The new head of the Senate Judiciary Committee, Senator Arlen Specter, has announced that he intends to hold a hearing on the stalled US asbestos compensation bill to see if a way can be found to get it moving again.

AM Best confirms Singapore Re ratings

AM Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” (ICR) of Singapore Reinsurance. The outlook on both ratings is stable.

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