Impact of US election result on insurance industry and UK trade relationship

The Old Library, Lloyd's
Wednesday, 15 November 2017
1:15 pm – 2:00 pm
    • Thomas M. Dawson, Partner, Drinker Biddle & Reath LLP
  • London Market webinar

In this IIL London Market lecture Thomas Dawson reviewed 2017 US Federal legislative and regulatory developments that affect insurers generally, including trade (UK-EU Covered Agreement), tax reform, National Flood Insurance Programme reauthorization and other topics of interest to non-US re/insurers.

Tom's lecture review how far the early days of the Republican-controlled Federal Government suggestion that by November 2017 we will have seen major change with respect to the Federal Government's a) oversight of the nation's insurance markets and our largest insurers, b) management of the Federal flood insurance programme, c) negotiation of insurance trade deals (i.e. covered agreements) and d) relationship with state insurance regulators have materialised. In his presentation, Tom also looked at other areas of potential interest to UK insurers such as tax reform legislation and cybersecurity regulation.

By the end of this lecture members will have gained an insight into:

  • Washington political scene relevant to insurers
  • Key Federal legislative/regulatory issues for non-US re/insurers
  • Current relationship between Federal and state governments

Speakers Bio:
Tom is co-head of the firm's Insurance Regulatory & Transactional team, concentrating on non-US re/insurers on US licensing, regulatory and legislative matters around the States and in Washington, DC.

Dave Matcham FCII, CEO, IUA.

  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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