Risk-based capital to shore up industry: experts. (speakers at Casualty Actuarial Society meeting in Arlington, Virginia) (Section II: Property & Casualty ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on June 22, 1992. The length of the article is 853 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Attendees at the Casualty Actuarial Society's Arlington, VA, meeting were informed of the National Association of Insurance Commissioners' (NAIC) plans to complete a property and casualty insurance industry risk-based capital standards regulation model by Dec 1992. The NAIC rules would empower regulators to implement and enforce federal insurance laws and prevent falsification of asset value in financial reports. Because some carriers have manipulated disclosure statements to hide insolvency, the industry has a poor reputation with financial institutions and investment advisers that hesitate to inject needed capital.

Citation Details
Title: Risk-based capital to shore up industry: experts. (speakers at Casualty Actuarial Society meeting in Arlington, Virginia) (Section II: Property & Casualty Premium Rankings)
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: June 22, 1992
Publisher: The National Underwriter Company
Issue: n25 Page: pS28(2)

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