The National Association of Insurance Commissioners' action came even as the organization's Hybrid Risk-based Capital working group adopted a work plan for a more comprehensive long-term plan for rati

A work plan developed by actuaries to help reach a long-term solution for regulators' fiscal evaluation of insurers' hybrid securities was roundly criticized by insurers and Wall Street representative

The NAIC hybrid RBC "E" working group adopted a definition of hybrid securities that will be used when it reviews various short-term scenarios that can be put in place until a long-term hybrid securit

The NAIC hybrid RBC "E" working group adopted a definition of hybrid securities that will be used when it reviews various short-term scenarios that can be put in place until a long-term hybrid securit

How the Securities Valuation Office arm of the NAIC rates hybrid securities is a matter of concern to both insurers and Wall Street because of the impact on the market for these investment vehicles as

Scenario one- life bonds and preferred securities would receive RBC factors of between 0.4 percent and 20 percent based on NAIC category designations while property-casualty and health bonds and prefe

Scenario one- life bonds and preferred securities would receive RBC factors of between 0.4 percent and 20 percent based on NAIC category designations while property-casualty and health bonds and prefe

During a joint hearing held by the National Association of Insurance Commissioners, Kansas City, Mo., Alessandro Iuppa, NAIC president, said that a new group of regulators would look for risk-based ca