Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018

To view the full Insurance Insider site click here

Opinion: Oklahoma run-off

  • Anthony Baldo 8 March 2018
  • Opportunity is knocking for Oklahoma on the legacy transactions front.

    Legislation may find its way to Governor Mary Fallin's desk by May. If it does and she signs it, Oklahoma-domiciled insurance entities will be able to buy run-off liabilities and get the finality of a court order starting 1 November. The procedure is very much along the lines of Part VII transfers in the UK.

    This could mean a diminished role for Vermont, Connecticut and, especially, Rhode Island - states...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login