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Regulatory Communications
A monthly round up of international regulatory news.

The Insurance Capital Standard: International standard setting for the insurance industry

The International Association of Insurance Supervisors (IAIS) has published its second consultation paper on the Insurance Capital Standard (ICS).... read more

Crystal and Risk Locator Tool training sessions

The Risk Locator Tool and Crystal have been developed to assist Lloyd’s market participants to determine the legal ‘location(s) of risk’ and to provide quick and easy access to international regulatory and taxation requirements.... read more

Crystal Assist: take our CII CPD accredited tutorial

Crystal Assist provides an introduction to Lloyd's licences and the regulatory and fiscal requirements that need to be considered when writing international insurance business.... read more

 

What's new

Crystal What's New archive
Latest international regulatory market bulletins

Canada – Newfoundland
RST reintroduced on insurance premiums 1 July 2016

Hong Kong
Minimum amount of liability cover required for compulsory third party risk insurance of local vessels increases 1 Sept 2016

Russia
Details of the establishment of a new state owned reinsurance company

US - Arizona
Updated surplus lines notice

US - Connecticut
Insureds must be able to designate third parties to receive non-renewal notice

US - Georgia, Maryland, Massachusetts, New Jersey, North Carolina, Oklahoma, Pennsylvania, South Carolina, US Virgin Islands, Virginia
Information on claims handling requirements

US - Louisiana
Flooding: Executive order suspending deadlines for legal proceedings and emergency insurance rule issued

Clarification of requirements for homeowners’ and commercial property insurance policies

Non-renewal content updated

US - Maryland
Emergency Bulletin issued following recent storm

US - Rhode Island
Updated export list

Flood insurance exportable from January 2017

For further details access the Crystal What's New report

Lloyd's International Trading Advice

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