Fabian Demicoli

EU stops talks on TTIP for US reinsurance reform


On the 26th of
August, EU negotiators have aborted talks concerning better market access for
EU reinsurers over the Transatlantic Trade and Investment Partnership (TTIP).
The abandoning of talks recognizes that it is unlikely to remove rules forcing
the industry to post as much as 100% collateral against their American
liabilities.

Instead, the Commission wants a separate pact that eliminates
state-level collateral requirements for EU reinsurers, which cover direct
insurers against, for example, natural disasters. For this the Commission needs
a separate negotiating mandate from the Council of Ministers.

What we can do for you

INFORMATION POINT

BUSINESS SERVICES

MEMBERSHIP BENEFITS

LOCAL ISSUES & LEGISLATION

B2B NETWORKING EVENTS

LEGAL ADVICE

FUNDING ASSISTANCE

COURSES

BECOME A MEMBER

The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.

A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).