Industry opposes NAIC's plan to reduce collateral requirements
Collateral requirements for alien reinsurers should stay the same and not be changed by the National Association of Insurance Commissioners, according a survey
A recent Best’s Review survey found that approximately 42% of more than 200 respondents said the NAIC should maintain its 100% collateralisation requirements for alien insurers. The Best’s ReviewOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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