Insurers will likely have to up RBC for their MBS holdings
October 29, 2012 by Elizabeth Festa
Some regulators are concerned that there was no formal methodology to support the changes made in the assumptions
October 26, 2012 •
The NAIC’s Valuation of Securities (VOS) Task Force decided it was good to hope for the best but prepare for the worst when it voted today 11-2, with abstentions to adopt a controversial proposal that will likely result in life insurances having to increase their risk-based capital for their mortgage backed securities.
The proposal relates to the modeling of Residential Mortgage-Backed Securities (RMBS) and also Commercial Mortgage Backed Securities (CMBS). Click here to read more…
Originally Posted at LifeHealthPro on October 26, 2012 by Elizabeth Festa.
Categories: Industry Articles