Collateral Reduction Years Away: NAIC
A proposal to reduce collateral requirements for approvednon-U.S. reinsures is getting a cold reception from stateregulators meeting here.
Some members of the National Association of InsuranceCommissioners said the notion wont find much support among thegroup for a few years, until there are common internationalaccounting standards to better account for foreign reinsurersfinances.
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