Category: Reinsurance Task Force
Feb 20, 2018
The National Association of Insurance Commissioners held a public hearing today, February 20, 2018, to address the reinsurance collateral provisions of the Bilateral Agreement Between the United States of America and the European Union on Prudential Measures Regarding Insurance and Reinsurance
Nov 28, 2017
The National Association of Insurance Commissioners (“NAIC”) is planning a February 2018 public hearing in either New York or Washington, D.C. that would specifically be devoted to soliciting feedback on the reinsurance aspects of the Bilateral Agreement Between the United …
Dec 14, 2016
Comments are due to the National Association of Insurance Commissioners (“NAIC”) by January 13, 2017 on two items pertaining to reinsurance collateral, certified reinsurers, qualified jurisdictions and the potential impact of Solvency II implementation. To access each document, click …
Aug 5, 2016
The National Association of Insurance Commissioners’ (“NAIC”) Reinsurance Task Force has advised that public comments are due by August 22, 2016 on a draft of recent revisions to the XXX/AXXX Credit for Reinsurance Model Regulation. This comment deadline was …
Aug 19, 2015
Above: Colodny Fass’ Claude Mueller Is Monitoring Revisions to the NAIC’s Certified Reinsurers Uniform Application “Passporting” Checklist, Credit for Reinsurance Model Law The National Association of Insurance Commissioners’ (“NAIC”) continues to revise the Uniform Application Checklist for Certified Reinsurers …
Jun 30, 2014
As originally set forth by its 2008 Reinsurance Regulatory Modernization Framework Proposal, the National Association of Insurance Commissioners (“NAIC”) has once again committed to re-examine the amounts of reinsurance collateral required of certified reinsurers that are licensed and domiciled …
Jun 11, 2014
During recent discussions within the National Association of Insurance Commissioners’ (“NAIC”) about acceptable forms of security for the purposes reinsurance collateral, an issue with certain language in the NAIC’s Credit for Reinsurance Model Law and Regulation that references “Securities …
Sep 17, 2013
The National Association of Insurance Commissioners announced today, September 17, 2013, that the Bermuda Monetary Authority (“BMA”) has accepted its invitation to participate in an expedited review under the Process for Developing and Maintaining the NAIC List of Qualified …
May 31, 2013
The National Association of Insurance Commissioners’ (“NAIC”) Reinsurance Task Force (“Task Force”) will meet via teleconference June 18, 2013 to consider additional comments from regulators and interested parties on a draft Process for Developing and Maintaining the NAIC List …
Dec 4, 2012
The National Association of Insurance Commissioners’ (“NAIC”) Reinsurance Task Force will accept public comments until January 16, 2013 on a Draft Process to evaluate the reinsurance supervisory systems of non-U.S. jurisdictions for recognition as Qualified Jurisdictions in accordance with …