Questions posed to insurers continue to be raised in an effort to reach a long-term solution on treatment of hybrid securities when calculating risk-based capital (RBC).
The discussion was part of the National Association of Insurance Commissioners (NAIC) Hybrid RBC working group's effort to determine how these securities should be treated when calculating RBC of investors.
A set of questions developed by the American Academy of Actuaries, Washington, was reviewed by regulators, insurers and actuaries. The Academy is gathering information as part of its “blank sheet” approach to the issue, said Nancy Bennett, chair of the Academy's Invested Asset working group and vice president-risk management with Ameriprise, Minneapolis.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
