Search for: "General Reinsurance Corporation "
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1 Apr 2020, 9:37 am
A small number of industrial sectors are not eligible for support including banks, building societies, insurers and reinsurers (though not insurance brokers), the public sector and membership organisations or trade unions; and have a sound borrowing proposal which, were it not for the current pandemic, would be considered viable by the lender, and for which the lender believes the provision of finance will enable the business to trade out of any short-to-medium term difficulty. [read post]
29 Jul 2011, 1:30 am
” The New York attorney general (NYAG) followed suit, serving MBIA with similar subpoenas requesting similar documents in November and December 2004. [read post]
2 Nov 2014, 11:29 am
When making investment or other decisions under an employee benefit plan, the general fiduciary duty standards of ERISA § 404 generally require plan fiduciaries to act prudently and solely in the interest of participants and beneficiaries. [read post]
15 Feb 2024, 9:08 pm
An external auditor’s confirmed AUSTRAC’s concerns regarding Gold Corporation’s non-compliance with its anti-money laundering obligations. [read post]
9 Aug 2023, 9:01 pm
On July 27, 2023, US federal banking regulators issued proposals to (i) significantly revise the risk-based regulatory capital requirements for certain midsize and larger US banking organizations (the “Capital Proposal”), and (ii) change the method for calculating the capital surcharge for globally systemically important banking organizations (“G-SIBs”) (the “G-SIB Surcharge Proposal”).1 These proposals are of critical importance because the amount of capital a… [read post]
24 Mar 2020, 9:26 am
Summary 1.1.On 23 March 2020, the Bank of England (“BoE”) published supplementary guidance and documentation in respect of measures announced on 20 March 2020 and 17 March 2020 respectively, aimed at helping businesses combat the economic shock caused by the COVID-19 epidemic. 1.2.Though by no means an exhaustive list of the newly available measures to assist business and workers, the following is an outline of the key measures: 1.2.1.the government backed Coronavirus Business… [read post]
19 Oct 2015, 8:46 pm
It generally will cover jobs typically performed on call 24 hours per day, 7 days per week. [read post]
14 Apr 2020, 8:00 pm
Similarly, sellers generally will be reluctant to divest assets that are suffering a marked fall in value. [read post]
10 Mar 2012, 4:50 pm
The Superintendent has been working to provide objectors with all of the information requested, most of which has already been disclosed including recently completed Exhibit 6.1.2, the Supplemental Benefits Reinsurance and Participation Agreement. [read post]
1 Aug 2010, 9:38 am
The PCIP program generally anticipates that each State will contract with HHS to maintain a qualifying PCIP program directly or by subcontracting with another party. [read post]
20 Mar 2015, 6:26 pm
As interpreted by the Tri-Agencies, except for excepted benefit arrangements as defined in the Rules, employers generally cannot pay for individual health coverage or offer or provide wrap around or other group health coverage to employees that enroll in individual coverage The Rules amend the definition of excepted benefits to include under very narrow specified conditions an employer to offer specified limited coverage that wraps around individual health insurance when the employer… [read post]
5 Feb 2013, 9:58 pm
Stamer also has worked extensively domestically and internationally on public policy and regulatory advocacy on health and other employee benefits, human resources, insurance, tax, compliance and other matters and representing clients in dealings with the US Congress, Departments of Labor, Treasury, Health & Human Services, Federal Trade Commission, HUD and Justice, as well as a state legislatures attorneys general, insurance, labor, worker’s compensation, and other agencies and… [read post]
12 Mar 2013, 11:27 pm
ACA & Other Federal Health Plan Rules Generally Apply To Expat Coverage The Expat FAQ makes clear that the Agencies generally view expatriate health plans and other health benefit coverage provided by businesses subject to U.S. law for employees working outside their home country generally are subject to the mandates of ACA, as well as other federal health plan mandates. [read post]
25 Apr 2017, 3:21 pm
To mitigate their exposure to these liabilities and costs, employer or other health plan sponsors should consider arranging for an independent legal compliance and risk assessment of their health plan, its terms, materials and operations to help mitigate the sponsoring employer’s exposure to self-identify, self-report on IRS Form 2848 and pay the $100 per day per violation excise tax liability now generally required under the Internal Revenue Code for any such violation. [read post]
25 Feb 2018, 6:58 pm
Not only did the company generate 2017 revenues of over $242 billion but it generated a gain from operations of $36 billion (plus an additional $29 billion as a result of the impact of the tax reform legislation for a total gain of $65.3 billion). [read post]
8 Jun 2011, 5:54 am
It had no way of paying out anywhere near that amount, and had not reinsured itself, or offloaded some of the risk onto someone with deeper pockets. [read post]
22 Mar 2016, 6:57 am
Feinstein Settlement Feinstein is a biomedical research institute that is organized as a New York not-for-profit corporation and is sponsored by Northwell Health, Inc., formerly known as North Shore Long Island Jewish Health System, a large health system headquartered in Manhasset, New York that is comprised of twenty one hospitals and over 450 patient facilities and physician practices. [read post]
10 May 2017, 10:20 am
Fulfillment of applicable requirements generally requires that sponsoring employers and individuals within the management responsible for or appointed to oversee the program to take other steps. [read post]
1 Feb 2010, 6:36 am
Editor’s Note: Eduardo Gallardo is a partner focusing on mergers and acquisitions at Gibson, Dunn & Crutcher LLP. [read post]
4 May 2021, 6:13 am
Interest paid to a non-French resident is generally free from withholding tax. [read post]
