NAIC COLLATERAL PROPOSALS ADVANCE
The NAIC's Reinsurance Task Force's proposals for modernization of U.S. reinsurance regulation have advanced. At a December 2 meeting, the Task Force adopted the proposed reinsurance regulatory framework with some minor revisions and discussed the possibility of an interim meeting in late January 2008 to address various aspects of the proposal. The Financial Condition (E) Committee adopted the report of the Reinsurance Task Force, including the reinsurance framework proposal, at its December 4 meeting.
This post written by Rollie Goss.
