Regulatory Update: NAIC Summer 2021 National Meeting
Data Matters
SEPTEMBER 20, 2021
Moody’s Analytics, in collaboration with the American Council of Life Insurers, developed the revised bond factors, which are based on more recent historical data, as the data on which the prior factors were based was approximately 30 years old. The earliest effective date for proposed SSAP revisions is expected to be January 1, 2024.
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