‘Asset-intensive’ annuity reinsurance has NAIC’s attention

By Mon, Nov 4, 2024

At an Oct. 24 meeting, the NAIC's Life Actuarial Task Force (LATF) continued to hammer out a new guideline for 'asset adequacy testing' of offshore reinsurance reserves. Starting in 2025, it could raise the cost of 'asset-intensive business' for U.S. annuity issuers.

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