Latest Developments in Group Capital

While US insurance regulation has traditionally focused on legal entities, there has recently been a flurry of activity in the development of group capital standards. On the domestic side, two aggregation-based methods are nearing completion: the Federal Reserve has released their "Building Block Approach" and the NAIC has been field testing their Group Capital Calculation. Internationally, US regulators are working with other jurisdictions to develop an “Aggregation Method” (AM) which will serve as a standard for group capital for internationally active insurance groups.

  • Date:Tuesday, March 10
  • Time:2:35 PM - 3:25 PM
  • Location:Sunset
  • Session Type:Concurrent Session
  • Session Code:CS9
  • Audience Level:1
  • Learning Objective 1::Describe group capital standards that affect US insurance groups
  • Learning Objective 2::Identify international standards that will apply to US group capital
Ned Tyrrell
National Association of Insurance Commissioners