Report to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues
By EsqSocial Corporation 27/03/14
The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance Commissioners (the "NAIC") are...
By: Duane Morris LLP