A.M. Best Special Report: New Reserve Financing Rules Unlikely To Eliminate XXX, AXXX Captives

A.M. Best has released a new report exploring the impact of a new captive reserve financing framework for certain products subject to XXX and AXXX reserve requirements. Actuarial Guideline XLVIII , which was adopted by the National Association of Insurance Commissioners in December 2014, defines the rules for new life XXX and AXXX reserve financing transactions executed after Jan.

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CORRECTING and REPLACING Optimum Energy Closes $12.2 Million Financing Round

First graph, second sentence of release should read: Led by new investor Navitas Capital , the round includes existing investor Columbia Pacific Advisors.

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