Developments from the NAIC 2012 Summer National Meeting

The National Association of Insurance Commissioners ("NAIC") held its 2012 Summer National Meeting in Atlanta from August 11th through 14th. It was the second of three National Meetings scheduled for 2012.

This Stroock Special Bulletin highlights certain developments from the Summer National Meeting relating to the following topics:

Use of Captives and Special Purpose Vehicles;

  • Principle-Based Reserves;
  • Other Capital and Reserves;
  • Own Risk and Solvency Assessment;
  • Reinsurance; and
  • Solvency Modernization Initiative.