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NAIC 2015 Fall National Meeting
7 December 2015
View Client Update
The NAIC is considering additional public disclosure of fixed and variable annuity business for 2017 or earlier, and is continuing its study of insurers’ use of variable annuity captives.
Principle-Based Reserving is on track to become effective on January 1, 2017 if the required threshold is reached before July 1, 2016.
The NAIC intends to complete its work on amendments to the XXX/AXXX Credit for Reinsurance Model Law by year-end 2015 and plans to continue working a new XXX/AXXX Credit for Reinsurance Model Regulation in 2016, including the “all or nothing” option for any security shortfall.
Alexander R. Cochran
Thomas M. Kelly
Marilyn A. Lion
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