collateral requirement News

AIG Introduces Risk Financing Option for U.S. Casualty Clients

American International Group, Inc. (AIG) has launched Collateral Flex Option (CFO), a new risk financing option for companies with large deductible casualty insurance programs in the U.S. CFO provides an alternative for companies that would otherwise need to tie up …

Goals of the U.S.-EU Free Trade Agreement; Re/Insurance Regs Reconsidered

Negotiations for a free-trade agreement between the United States and the European Union are set to begin within months, almost two decades after the idea was first floated between the world’s two largest economies. Average tariffs between the two are …

Florida Approves Lower Collateral for Reinsurer Tokio Millennium

Florida has approved lower collateral payments for another Bermuda reinsurer, the eighth foreign reinsurer to be granted this approval by the state. Tokio Millennium Re Ltd., a subsidiary of Tokio Marine & Nichido Fire Insurance Co., Ltd., said it has …