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Risk-Based Approaches NAIC

Troutman Pepper Locke

NAIC Establishes the Risk-Based Capital Model Governance (EX) Task Force in 2025

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The 2025 National Association of Insurance Commissioners (NAIC) President and North Dakota Insurance Commissioner Jon Godfread has stated that...more

Troutman Pepper Locke

Private Credit Fund Investments: How New NAIC Rules Could Affect Insurance Companies

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The National Association of Insurance Commissioners (NAIC) held its Summer National Meeting, at which it adopted new guidelines allowing state regulators or NAIC staff to override formerly automatic ratings on investments....more

Kramer Levin Naftalis & Frankel LLP

Reserves and Capital Adequacy – Insurers, Consider the Pandemic Carefully. Your Regulators Will.

The news that A.M. Best is developing stress testing to gauge the impact of COVID-19 on insurers is a timely reminder of the various regulatory capital and reserving regimes under which such exposure could be measured. In...more

Eversheds Sutherland (US) LLP

NAIC’s work on revisions to credit for reinsurance model law and regulation is nearly complete

The National Association of Insurance Commissioners (NAIC) Reinsurance (E) Task Force has approved proposed revisions to the Credit for Reinsurance Model Law (Model Law) and the Credit for Reinsurance Model Regulation (Model...more

Eversheds Sutherland (US) LLP

The Federal Reserve Board Outlines Approach For Capital Rules For Federally Supervised Insurance Groups

At the NAIC’s tenth International Insurance Forum, Daniel K. Tarullo, a member of the Board of Governors of the Federal Reserve System (FRB), outlined the FRB’s plans for: - ..the capital and liquidity rules for...more

Troutman Pepper Locke

NAIC Proposes Changes to Life Insurer Disclosure Requirements and Treatment of Investment Affiliates

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This month, the NAIC set forth a variety of proposals relating to changes risk-based capital (“RBC”) requirements, as well as treatment of investment affiliates. In particular, the NAIC seeks to require life insurers to...more

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