2025年3月4日 · Actions. On June 25, 2019, the Executive (EX) Committee and Plenary adopted revisions to Model #785 and Model #786, which implement the reinsurance collateral …

1. Add “or other agreement, plan or arrangement whose effect on policyholder rights is substantially similar to an assumption reinsurance agreement” after “assumption reinsurance …

9. Reinsurance recoverables on paid losses and loss adjustment expenses are reported as an asset under both statutory accounting and GAAP. Reinsurance recoverables on unpaid losses …

The NAIC has compiled a list of the NAIC member jurisdiction webpages containing state specific information regarding certified and reciprocal jurisdiction reinsurers. This is intended for …

2024年5月9日 · Group Captive: Any domestic insurance company licensed under the provisions of this article for the purpose of making insurance and reinsurance, including any company …

2. Post-reinsurance reserves are 80% of pre-reinsurance reserves, $80 Million • Reason: lower efficiency than in CARVM of policyholder selection of GLBs 3. US RBC: $5 Million 4. US Total …

Facultative Reinsurance - reinsurance for a specific policy for which terms can be negotiated by the original insurer and reinsurer. FAIR Plan - Fair Access to Insurance Requirements - state …

Non-admitted and Reinsurance Reform Act of 2010 (NRRA): Reinsurance. Through its Reinsurance (E) Task Force, the NAIC is addressing reinsurance provisions contained within …

Asset Intensive Reinsurance Transactions ceded to entities that are not required to submit a VM-30 memorandum to US state regulators, regardless of treaty transaction establishment date, …

RE: Implementation of federal Nonadmitted and Reinsurance Reform Act in [State] The purpose of this bulletin is to outline nationwide regulatory changes that will affect the placement of …