Regulatory Update: NAIC Summer 2018 National Meeting
Data Matters
AUGUST 24, 2018
While it has been determined that the GCC will utilize a risk-based capital (RBC) aggregation approach in order to leverage existing legal capital requirements, it is not clear which entities within any group will be subject to the GCC or how the GCC will apply to those entities within a group that do not have existing capital requirements.
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