NAIC Reinsurance Task Force Teleconference On October 25, 2007

Oct 23, 2007 | By

The Reinsurance Task Force (“Task Force”) of the National Association of Insurance Commissioners (“NAIC”) has scheduled a conference call for October 25, 2007 at 11:30 a.m. EST, to discuss the upcoming interim meeting of the Task Force in Atlanta, Georgia on November 7-8, 2007.

Below please find a memorandum released earlier today on behalf of Bryan Fuller, NAIC Senior Reinsurance Manager.  Additionally, we have included a copy of the meeting Agenda for your review.

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TO:  Interested Parties of E-Reinsurance Task Force
RE:  Reinsurance Task Force conference call Thursday, October 25,
2007 @ 10:30am Central Time

The October 25 conference call will be to discuss the meeting procedure concerning the upcoming interim meeting of the Reinsurance TF in Atlanta, GA on the afternoon of Nov. 7 and the entire day of Nov. 8, 2007. The reinsurance regulatory modernization proposal would provide a framework for mutual recognition between the U.S. and non-U.S. jurisdictions. The RSRD would establish principles concerning regulatory equivalence and there will also be minimum requirements that states would have to follow in order to be a port of entry for a non-U.S. reinsurer. The Reinsurance Task Force received a number of comment letters which will each be addressed by the Task Force in Atlanta. The comment letters can be found at www.naic.org, click on Committees & Activities, scroll down to Financial Condition E-Committee, click on Reinsurance Task Force.

To participate on this call, please pre-register with Chorus Call conference service – go to the NAIC website, www.naic.org, click on Conference Call Calendar, click on the Chorus Call logo to pre-register for the call; the confirmation is  NAIC, Bryan Fuller,  00412535.  Or contact Chorus Call @ 800-967-4633 to pre-register and 412-858-4600 to participate.

Thank you.

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Should you have any questions or comments regarding this information, please feel free to contact this office.