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Insurance Industry Restructuring NAIC

Conyers

Conyers Coverage Issue 13 – Summer Edition 2025

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A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more

Herbert Smith Freehills Kramer

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

Herbert Smith Freehills Kramer

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

Troutman Pepper Locke

What a Difference a Year Makes

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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

Troutman Pepper Locke

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

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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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