NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel
New York(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel
NEW YORK(Thomson Reuters Regulatory Intelligence) - The New York State Department of Financial Services (NYDFS) has proposed allowing New York insurers to claim balance sheet credit for new reinsurance ceded to reinsurers in "reciprocal jurisdictions."
NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: http://bit.ly/TR-RegIntel
NEW YORK(Thomson Reuters Regulatory Intelligence) - Regulators frequently apply a not-so-invisible hand to manage the advent of new technology. They weigh the perceived social benefits of the innovation against the perceived dangers (physical, financial and moral). Examples include credit default swaps and other risk-spreading financial instruments, blockchain, bioengineering, fintech and medical advancements. This dynamic is also front-and-center in transportation safety, previously with seat belts, anti-lock brakes and air bags, and now in the field of automated driving systems (ADS).
NEW YORK (Thomson Reuters Regulatory Intelligence) - Insurance technology is a rapidly growing fintech derivative that exploits advances such as artificial intelligence and big data to create new insurance business models or products, maximize efficiency, mitigate insurance risk and improve customer service.
One of the fastest growing threats to financial institutions and their customers is cyber risk. This category of risk broadly encompasses any harm induced by a computer security breach, for example, a cyberattack that compromises confidential personal information or causes physical harm.
President Joe Biden's planned announcement on Wednesday of a complete U.S. withdrawal from Afghanistan by Sept. 11 aims to close the book on America's longest war, as critics warn that peace is anything but assured after two decades of fighting.