National association of insurance commissioners (naic)
Regulators request additional details on risk mitigating activities and capital levels
Recommendations over supervisory colleges, private mortgage insurance and reinsurance collateral rejected by NAIC members
Piecemeal reform of reinsurance laws continues to frustrate Lloyd’s market
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More National association of insurance commissioners (naic) articles
Long-awaited report proposes reforms to US state and federal practices
New York commissioner publicly breaks ranks claiming new system will be ineffective
Louie Woodall speaks to leading members of the National Association of Insurance Commissioners in the US about the challenges of coordinating regulation across borders, both domestic and foreign
US state regulators warn of ‘two-tier’ system developing
FIO must not become an insurance regulator, says NAIC chief
Reserve financing using offshore captives is big business in the US. Yet what started as an innovative method of moving excessive reserve requirements off balance sheet has turned, in some regulators’ minds, into a dark art that puts policyholder protection...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future