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Joint statement on EU/US covered agreement negotiations

The undersigned organizations applaud the US and the EU delegations' continuing commitment to reach an agreement that resolves significant insurance and reinsurance regulatory issues for companies doing business in both jurisdictions.

We urge the negotiators to bring these discussions to a prompt conclusion that results in a mutually beneficial agreement for all stakeholders.

American Insurance Association

American Council of Life Insurers

Association of Bermuda Insurers & Reinsurers

Association des Professionnels de la RĂ©assurance en France (French Reinsurance Association)

French Insurance Federation

Gesamtverband der Deutschen Versicherungswirtschaft (German Insurance Association)

Insurance Europe

International Underwriting Association of London

Munich Re

Odyssey Reinsurance Company

Property Casualty Insurers Association of America

Reinsurance Association of America

SCOR

Transatlantic Reinsurance Company

Published 14 December 2016