Regulatory Update: NAIC Summer 2021 National Meeting
Data Matters
SEPTEMBER 20, 2021
The NAIC adopted revised risk-based capital (RBC) factors for bond investments of life insurers, otherwise known as C1 RBC charges, which will apply commencing with year-end 2021 financial statements and RBC schedules. In addition to the base factors on LR002, the bond size adjustment factors were modified.”.
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