Lloyd’s chair praises N.Y. collateral proposal

by Douglas McLeod (mailto:dmcleod@BusinessInsurance.com) at Business Insurance: Breaking News

NEW YORK?Lloyd?s of London Chairman Lord Peter Levene praised New York insurance regulators? proposal to relax collateral requirements for non-U.S. reinsurers and sharply criticized the National Assn. of Insurance Commissioners for failing to follow New York?s lead. In remarks following a Lloyd?s...

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