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NAIC E Committee Approves New Captive Transaction Peer Review Role for Its Financial Analysis Working Group
22 July 2013
The Financial Condition (E) Committee of the NAIC adopted the White Paper on Captives and Special Purpose Vehicles on July 17.
The E Committee also charged the Financial Analysis (E) Working Group of the NAIC with performing a peer review of XXX and AXXX captive insurer reserve financings entered into by nationally significant insurance companies.
The timing and scope of this peer review process has not yet been addressed.
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