In 2021, as a result of increases in private equity firms’ investments in insurers, particularly life and annuity insurers, and growing interest among state insurance regulators about.
The National Association of Insurance Commissioners (NAIC) held its 2022 Spring National Meeting from March 4 to 8 in Kansas City, Missouri. Although the meeting was held in a hybrid.
New York Department of Financial Services NYDFS Circular Letter No. 5 reminded industry acquiring less than 10% of insurer’s voting securities does not mean acquirer is not controller. NAIC’s Macroprudential E Working Group is studying, overseeing Project.
In our report published on April 26, 2022, we discussed the New York Department of Financial Services’ (NYDFS) Circular Letter No. 5 in which it reminded the industry that acquiring.