Assumptions for assessing securities get NAIC's approval

12/5/2009 | PropertyCasualty360

The National Association of Insurance Commissioners Valuation of Securities Task Force adopted economic assumptions that will be used to assess insurers' mortgage-backed securities. The assumptions are derived from a presentation by the group's Securities Valuation Office and Pacific Investment Management, which was chosen to help regulators develop a new methodology in determining risk-based capital reserve requirements for insurers.

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