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Group Solvency Issues (E) Working Group


2017 Charges:

  1. Continue to develop potential enhancements to the current regulatory solvency system as it relates to group-solvency-related issues.

  2. Critically review and provide input and drafting to the International Association of Insurance Supervisors (IAIS), Insurance Groups Working Group or on other IAIS papers dealing with group supervision issues.

  3. Continually review and monitor the effectiveness of the Insurance Holding Company System Regulatory Act (#440) and the Insurance Holding Company System Model Regulation with Reporting Forms and Instructions (#450) and consider revisions as necessary to maintain effective oversight of insurance groups.

  4. In collaboration with the National Treatment and Coordination (E) Working Group, develop procedures to implement a consolidated public hearing for acquisitions involving multiple jurisdictions under Model #440 and Model #450.