Regulators push for draft reinsurance guideline by summer meetin
August 7, 2024 by John Hilton
A state insurance panel plans to preview a draft actuarial guideline aimed at tightening oversight of offshore reinsurance assets at its August summer meeting in Chicago.
The Life Actuarial Task Force met Thursday to hear from those who submitted comments during a second public comment period. Regulators want to strengthen asset adequacy testing to better protect the assets backing policyholder contracts.
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Originally Posted at InsuranceNewsNet on July 30, 2024 by John Hilton.
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