A National Association of Insurance Commissioners working group adopted risk-based capital guidance and reporting instructions to implement the Mortgage Bankers Association/American Council of Life Insurers-proposed Risk-Based Capital reporting of 2020 Net Operating Income.
Tag: ACLI
MBA, Trade Groups Urge Changes to Risk-Based Capital Guidance for COVID-19 Loan Modifications
The Mortgage Bankers Association, the American Council of Life Insurers and nine other trade associations urged the National Association of Insurance Commissioners to change recent risk-based capital guidance on relief for COVID-19-related loan modifications.