At a glance
- The preview's headline also lists investment discussions among the topics on tap.
- Risk-based credit models convert a credit exposure into a capital charge, which likely gives the credit-model work direct reach into insurers' general-account allocations.
- For allocators and fund selectors, the credit-model sessions are the part of the agenda that touches portfolios.
More than 70 sessions at the National Association of Insurance Commissioners' fall meeting will cover updates to market conduct regulation, work on risk-based credit models and federal healthcare rules, according to a Nov. 9 preview from AM Best's News & Research Service. The preview's headline also lists investment discussions among the topics on tap.
Risk-based credit models convert a credit exposure into a capital charge, which likely gives the credit-model work direct reach into insurers' general-account allocations. A model that reprices one class of assets against another shifts the relative value of holding each.
For allocators and fund selectors, the credit-model sessions are the part of the agenda that touches portfolios. How a model treats a class of assets sets the capital an insurer must hold against it, and capital is what decides whether a position can be scaled. Asset managers marketing private-credit and structured strategies into insurance general accounts have a reason to track the fall-meeting output.
The meeting spans more than 70 sessions, with market conduct, credit models and federal healthcare rules on the list.
| Topic | Status |
|---|---|
| Market conduct regulation | Being reviewed |
| Risk-based credit models | Work under way |
| Federal healthcare regulation | Being reviewed |
Reported by the Insurance regulation desk from AM Best News & Research Service. Published . Corrections