Credit for reinsurance

Lloyd’s and other reinsurers have been pressing for a change to the US reinsurance collateral rules, which require all outstanding and future claims due to US insurers, to be 100% collateralised. Read more about this issue and the latest steps taken by the National Association of Insurance Commissioners (NAIC), to seek alternatives to the current rules.

What are the current credit for reinsurance rules?

US credit for reinsurance collateral rules, what are they?

What it means for Lloyd's

What the US credit for reinsurance collateral rules mean for Lloyd's.


Implications for the US market

Unintended consequences of credit for reinsurance: squeezing capacity in the US, higher costs and use of low rated reinsurers.

What needs to happen

The growing consensus & the proposed changes regarding US credit for reinsurance collateral rules


Current position and next steps

Current position & next steps forward regarding the US credit for reinsurance collateral rules.

Frequently asked questions

Questions and answers on the US credit for reinsurance collateral rules.