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Insurance department proposes group capital and liquidity stress rules
2590671 · February 27, 2025
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Summary
The Department of Insurance presented a regulation to implement group capital calculations and liquidity stress tests for insurance holding companies to strengthen group-wide solvency oversight; committee approved the change by voice vote.
The Department of Insurance presented a proposed amendment to Regulation 69-14 to create a group capital calculation and liquidity stress-test framework for insurance holding companies, the committee heard.
Michael Wise, director of the Department of Insurance, said the change follows a National Association of Insurance Commissioners (NAIC)…
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