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EU-USA Agreement on Insurance and Reinsurance Prudential Measures

Summary

The European Parliament gives its consent to a bilateral agreement between the EU and the USA concerning prudential measures for the insurance and reinsurance sectors.
10 06.04.2018
Other
economy
insurance
international relations
business and competition
financial institutions and credit

Key points

  • The European Parliament has officially given its consent to a bilateral agreement between the EU and the USA.
  • The agreement specifically targets prudential measures within the insurance and reinsurance sectors.
  • The resolution aligns with existing European standards, such as the Solvency II directive.
  • The decision aims to facilitate smoother economic and regulatory cooperation between the two major global powers.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion of the Bilateral Agreement between the European Union and the United States of America on prudential measures regarding insurance and reinsurance EU-USA Bilateral Agreement on prudential measures regarding insurance and reinsurance ***
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