Round one of the renewed debate over collateral requirements for alien reinsurers is set for the opening session Saturday of the National Association of Insurance Commissioners summer meeting in Washington.
The Reinsurance Task Force has set a tentative deadline of December for coming to some agreement on a possible relaxation of the 100 percent collateral requirements alien reinsurers must post to do business in the United States.
The domestic primary and secondary property-casualty industry is expected to continue their opposition to any such relaxation, although there have been indications that new pressure may force task force members to reach some compromise.
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