NAIC President Monica J. Lindeen signed a memorandum of understanding (MOU) with Jeremy Cox, Chief Executive Officer of the Bermuda Monetary Authority during the opening session of the 2015 NAIC Summer National Meeting.
"Given the importance of Bermuda's reinsurance community to U.S. companies, we are very excited to sign this cooperative agreement with Bermuda," said Lindeen, who also serves as the Montana Commissioner of Securities and Insurance. "The framework for collaboration allows for the exchange of information that will strengthen both of our insurance markets."
Aid coordination of regulatory issues
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Trudy Knockless
Trudy Knockless is a reporter on ALM Media's Business of Law desk. She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.
