Risk Retention Group Task Force
Financial Condition (E) Committee

The Risk Retention Group Task Force is considering what accreditation standards should apply to Risk Retention Groups (RRG) chartered under captive laws.

2008 Charges

1. Review current Part A: Laws and Regulations accreditation standards applicable to traditional insurance companies to evaluate which standard, and what portion thereof, should apply to risk retention groups incorporated as captives.
2. Review current Part B: Regulatory Practices and Procedures accreditation standards to evaluate which standards, and what portion thereof, should be applicable to risk retention groups incorporated as captives.
3. Evaluate whether additional Part B standards should be applicable to risk retention groups incorporated as captives.
4. Review the Part C: Organizational and Personnel Practices accreditation standards to the extent that such standards are impacted as the result of the Task Force’s work on the other charges.