EU & US insurers renew call for Transatlantic inclusion
Monday, 10 19 2015, Category: Insurance and Reinsurance, Country: Europe
European Union (EU) and US insurers have reiterated their support for the full inclusion of insurance in the Transatlantic Trade and Investment Partnership (TTIP).
The call comes from the bodies that represent the life and non-life insurance sectors in the US and the EU: The American Insurance Association (AIA), Insurance Europe, and the American Council of Life Insurers (ACLI).
Bilateral insurance trade and investment already exceeds $185 billion a year, according to Insurance Europe, and strengthening this cooperative relationship could open potential markets for US and EU insurers and ensure a healthy global insurance industry.
Source: Intelligent Insurer