image credit: Freepik

Regulators to increase US life insurers’ capital risks transparency, use of offshore reinsurance a concern: Moody’s

April 24, 2024

In its latest US Life & Health Insurance update, Moody’s analysts have highlighted improving capital risks transparency as regulators top priority as well as their concern regarding the increase in the use of offshore reinsurance by life insurers.

“This year will be another active one on the regulatory front for US life insurers. At its meeting last month, the National Association of Insurance Commissioners (NAIC) cited five main regulatory priorities for the sector. A common objective of the proposals is to increase transparency around US life insurers’ capital and investment risks,” Moody’s stated.

Read More on Reinsurance News