Covered Agreements
In an open letter the Global Reinsurance Forum (GRF) formally welcomed the agreement of EU and U.S. regulators in July 2014 to take steps towards a Covered Agreement stating that Covered Agreements between the U.S. and other well-regulated jurisdictions provide substantial benefits to reinsurers, to ceding insurance companies supported by these reinsurers and to insurance regulators. Please click on the image below for a copy of the letter.