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Receivership Model Law (E) Working Group

2019 Charges

The Receivership Model Law (E) Working Group will:

  1. Review and provide recommendations on any issues identified that may affect receivership model laws; for example, any issues that arise as a result of market conditions, insurer insolvencies, federal rulemaking and studies, international resolution initiatives or as a result of the work performed by other NAIC committees, task forces and/or working groups.
  2. Monitor, and provide recommendations for possible enhancements to the U.S. receivership regime and the states' receivership laws and practices based on, international supervisory and advisory developments regarding recovery, resolution, receivership and liquidation, including, but not limited to, the Financial Stability Board's (FSB) Key Attributes of Effective Resolution Regimes for Financial Institutions (KA) and Assessment Methodology (AM) and the International Association of Insurance Supervisors' (IAIS) Insurance Core Principles (ICPs) and its Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame) (particularly ICP 10, Preventive and Corrective Measures and ICP 12, Winding up and Exit from the Market, as well as related ComFrame materials). Complete by the 2019 Fall National Meeting.

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Jane Koenigsman 
Sr. Manager, L/H Financial Analysis
816.783.8145 

Please see the current Committee List for a complete list of committee members.

 

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