Ukrainian Law Blog
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Monday, May 29, 2017
EU-US insurance agreement: Council agrees to signing
On 29 May 2017, the Council adopted a decision authorising the signing of an agreement with the United States on
insurance and reinsurance
.
The agreement will provide
legal certainty
for EU and US insurers and reinsurers in the application of regulatory frameworks. It will enable improved
protection for policyholders
and other consumers through cooperation between supervisors and the exchange of information.
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