2024 Membership

2025 Proposed Charges

The mission of the Risk Retention Group (E) Task Force is to stay apprised of the work of other NAIC groups as it relates to financial solvency regulation and the NAIC Financial Regulation Standards and Accreditation Program. The Task Force may make referrals to the Financial Regulation Standards and Accreditation (F) Committee and/or other NAIC groups, as deemed appropriate.

The Risk Retention Group (E) Task Force will:

1. Monitor and evaluate the work of other NAIC committees, task forces, and working groups that may affect the filing requirements or compliance of risk retention groups (RRGs) (e.g. actions that affect compliance with the NAIC Accreditation Standards Program.
2. Monitor and review any federal activities, including any U.S. Government Accountability Office (GAO) reports, and consider any necessary action.
3. Monitor the resources available to domiciliary and non-domiciliary state insurance regulators of RRGs including educational programs or enhancements or the development of new resources.

2024 Adopted Charges

The mission of the Risk Retention Group (E) Task Force is to stay apprised of other NAIC groups’ work on financial solvency regulation and the NAIC Financial Regulation Standards and Accreditation Program. The Task Force may make referrals to the Financial Regulation Standards and Accreditation (F) Committee and/or other NAIC groups, as appropriate.

The Risk Retention Group (E) Task Force will:

1. Monitor and evaluate the work of other NAIC committees, task forces, and working groups related to risk retention groups (RRGs), specifically if any of these actions affect the NAIC Financial Regulation and Accreditation Standards Program. Assess whether and/or how the changes should apply to RRGs and their affiliates.
2. Monitor and analyze federal actions, including any U.S. Government Accountability Office (GAO) reports. Consider any action necessary because of federal activity.
3. Monitor the impacts of recent tools and resources made available to domiciliary and non-domiciliary state insurance regulators pertaining to RRGs. Consider whether additional action is necessary, including educational opportunities, updating resources, and further clarifications.