NAIC Panel Ponders Portfolio Risk

June 15, 2011 at 08:00 PM
Share & Print

Members of the Invested Assets Working Group at the National Association of Insurance Commissioners (NAIC) talked during a recent conference call about the need to learn more about new risks that could affect insurers' securities holdings.

The working group, part of the Valuation of Securities Task Force, helps the NAIC, Kansas City, Mo., identify possible risks in investment securities and articulate how regulators perceive those risks.

Elaine Wieche, a Connecticut insurance regulator, was named working group chair in March.

During the conference call, Wieche talked about the need for the working group to expand its research to include newly emerging forms of risk.

The working group could look, for example, at regulatory policy relating to contingent capital securities, Wieche said.

The working group could study how much risk these securities pose for insurers and whether insurers could invest in them, Wieche said.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Related Stories

Resource Center