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Insurance Industry Restructuring NAIC

Kramer Levin Naftalis & Frankel LLP

NAIC Group Issues Guidance on Corporate Restructurings

Insurers with unwanted runoff blocks of business should consider the latest guidance from insurance regulators on potential transactional structures that could mitigate this issue. On May 13, the Restructuring Mechanisms (E)...more

Kramer Levin Naftalis & Frankel LLP

NAIC Discusses Best Practices for Restructuring Mechanisms

Insurers with legacy blocks of business, or with other motivations to enter into block transfers of business or corporate split-offs, should consider a recent regulator call on so-called Insurance Business Transfers (IBTs)...more

Locke Lord LLP

What a Difference a Year Makes

Locke Lord LLP on

At the NAIC Fall meeting in Austin, Texas, the Restructuring Mechanisms Working Group (“Restructuring Working Group”) held its meeting on insurance business transfers (“IBTs”) and corporate division statutes. The...more

Locke Lord LLP

NAIC Restructuring Mechanisms Working Group Continues its Study of IBTs and Corporate Division Statutes

Locke Lord LLP on

At the NAIC Summer Meeting in New York on August 4, 2019, the NAIC’s Restructuring Mechanisms Working Group (“Restructuring Working Group”) held its meeting on insurance business transfers (“IBTs”) and corporate division...more

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