The National Association of Insurance Commissioners (the
"NAIC") held its 2022 Fall National Meeting (the
"Meeting") from December 12 to 16, 2022, in Tampa,
Florida. We attended many of the conference sessions, and in this
update we highlight meeting developments of particular interest to
our insurance industry clients, colleagues and friends.
Private Equity in Insurance
Private Equity Regulatory Considerations Update
As we reported in our
NAIC 2022 Summer National Meeting Highlights, the NAIC's
Executive (EX) Committee and Plenary formally
adopted the "Regulatory Considerations Applicable (But Not
Exclusive) to Private Equity (PE) Owned Insurers" (the
"Regulatory Considerations") in August 2022. The NAIC,
through referrals to several of its working groups and task forces,
continues to make progress in addressing the Regulatory
Considerations, with ramifications for private equity actors and
others in the insurance space.
