Alice T. Kane

Alice T. Kane

Duane Morris LLP

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Report to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues

The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance...more

3/27/2014 - Captive Insurance Company Life Insurance NAIC Reinsurance

Controversy Over Principles-Based Reserves & SPVs - Report from the NAIC Fall Meeting

The Fall Meeting of the National Association of the Insurance Commissioners (NAIC) generated some controversy on two topics. First, regulators addressed a major change for life insurers—how reserves for many products will be...more

12/7/2012 - Life Insurance National Association of Insurance Commissioners

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