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Update on Argentinean Legal Framework for Payment of Reinsurance Premium
As part of the economic policies adopted by the Argentinean government, since 2021 the Argentinean Central Bank restricted the access to foreign currency in an attempt to contain the dwindling of their reserves and concerning devaluation levels. Such measures implemented in 2021 had of course an impact to the access of foreign currency for the payment of premiums in USD to international reinsurers that were actively undertaking Argentinean risks in reinsurance and retrocessions.
Insurance in the crypto space: the emerging international market for insuring NFTs with a focus on the Commonwealth Caribbean
NFTs have grown in popularity as sources of ownership and investment in an increasingly digital world, thanks in part to the many successful sales of NFTs by auction houses such as Christie’s and the Commonwealth Caribbean, is not to be left behind in any respect.
New reinsurance laws in Puerto Rico open the jurisdiction to the international (re)insurance market
Historically, jurisdictional insurance laws in the United States governing credit for reinsurance have required non-US reinsurers to post 100% collateral in the US for risks reinsured from US ceding insurers. Many international reinsurers complained about these collateral requirements which were deemed barriers for international trade and business.
Top rankings for Kennedys in The Legal 500 and Chambers Latin America 2023
Kennedys has again been been ranked as a top firm and recognized across seven jurisdictions in the latest guides to leading law firms and lawyers across the region.
Green for go: Kennedys to slash carbon emissions after plans approved by leading climate and science experts
We are delighted to announce our commitment to drastically reducing carbon emissions after teaming up with a leading group of climate and science experts.
Kennedys bolsters legal director ranks in latest promotion round
We are delighted to have promoted 35 senior associates to legal director/of counsel with a further 59 promotions to senior associate.
It's our world, and here's how we're collaborating to make a difference in celebration of Global Goals Week
Global Goals Week is well and truly underway and through our Responsible Business Programme we are continuing to support the UNSDGs and incorporating the principles of the UN Global Compact into our local and global initiatives.
All change at Kennedys as firm appoints first head of transformation
We have appointed Karen Peskett-Hall as our first director of transformation, who will oversee a programme of business improvements.
Dive In calls on the industry to build braver cultures as registration opens to the biggest festival yet
Now in its eighth year, the festival is set to be the biggest yet, with more than 150 events taking place for the first time ever, being held in at least 40 countries across the world from 27-29 September.
Kennedys remains committed to diversity and inclusion agenda, with continued Dive In Festival partnership
We are very pleased to once again be a global partner of Dive In, the international festival for diversity and inclusion (D&I) in insurance and an initiative of Inclusion@Lloyd’s.