Beware of too much faith in capital requirements, says NAIC

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The insurance industry needs to be careful it does not “put too much faith” in risk-based capital (RBC) requirements as the answer to regulating and supervising internationally active groups, according to the chief executive of US regulatory
body the National Association of Insurance Commissioners (NAIC), Dr. Terri Vaughan.

In a speech at an NAIC event to discuss Solvency Modernization Initiative Task Force, the US response to introducing risk-based regulation, Vaughan said the industry needs “a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]