NAIC Issues Guidance on Credit for Reinsurance
By EsqSocial Corporation 22/06/21
Insurers and reinsurers navigating the increasingly complex rules on reciprocity for collateral requirements should consider recent guidance from the leading U.S. standard-setting body. On June 17, 2021, the Reinsurance Financial Analysis Working Group (ReFAWG) of the National Association of Insurance Commissioners (NAIC) issued a draft of the ReFAWG Review Process for Passporting Certified and Reciprocal…...
By: Kramer Levin Naftalis & Frankel LLP