Reduced US collateral requirements to benefit reinsurers – Moody’s
While most counterparty security procedures are getting stricter, global reinsurers are poised to benefit from reduced collateral requirements, which will be credit positive for their bondholders, according to the ratings agency.
On Friday, insurance regulators in Florida loosened collateral requirements for XL Re. According to the ratings agency, the development in Florida is part of an emerging trend by US regulators at both
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