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Page 14 - காப்பீடு சட்டங்கள் மற்றும் ப்ராடக்ட்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Guernsey Capitalising On Captive Insurance Expertise To Become Leader In Longevity Risk Transfers - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. Guernsey is a leading jurisdiction for longevity swaps. Here, Carey Olsen corporate partner Christopher Anderson explains how the island has capitalised on its expertise in captive insurance to provide a solution for pension funds exposed to longevity risk. In the last five years, a number of well-known pension funds have completed transactions worth in excess of £30 billion through captive insurers based in Guernsey – as set out below: BT (2014) - Value of £16 billion Merchant Navy Officers (2015) - Value of £1.5 billion British Airways (2017) - Value of £1.6 billion

McCarran-Ferguson Act Repeal Heads To The President As Part Of The Competitive Health Insurance Reform Act - Anti-trust/Competition Law

To print this article, all you need is to be registered or login on Mondaq.com. On December 22, 2020, the U.S. Senate unanimously approved the Competitive Health Insurance Reform Act (CHIRA), previously passed by the House on September 21. If signed by the president, CHIRA would repeal health insurers federal antitrust immunity under the McCarran-Ferguson Act for state regulated activity that constitutes the business of insurance. CHIRA preserves some protections for compiling historical loss data, determining loss development factors, and performing certain actuarial services, as well as for developing standard insurance policy forms. The McCarran-Ferguson Act was enacted in 1945 and gives states

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