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Restructuring Mechanisms (E) Subgroup

2020 Membership

2021 Charges

The Restructuring Mechanisms (E) Subgroup of the Restructuring Mechanisms (E) Working Group will:

  1. Develop best practices to be used in considering the approval of proposed restructuring transactions, including, among other things, the expected level of reserves and capital expected after the transfer along with the adequacy of long- term liquidity needs. Also develop best practices to be used in monitoring the companies after the transaction is completed. Once completed, recommend to the Financial Regulation Standards and Accreditation (F) Committee for its consideration. Complete by the 2021 Summer National Meeting.
  2. Consider the need to make changes to the RBC formula to better assess the minimum surplus requirements for companies in runoff. Complete by the 2021 Fall National Meeting.
  3. Review the various restructuring mechanisms and develop, if deemed needed, protected cell accounting and reporting requirements for referring to the Statutory Accounting Principles (E) Working Group. Complete by the 2021 Fall National Meeting.
Related NAIC Publications

Contacts

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


Dan Daveline 
Director, Financial Regulatory Services 
Phone: 816.783.8134 
Fax: 816.460.7809

Robin Marcotte 
Sr. Manager, Accounting 
Phone: 816.783.8124 
Fax: 816.460.7571

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