Insurers Want More Say In Hybrid Securities Work Plan

Representatives for insurers and Wall Street investment firms are criticizing actuaries’ efforts to update the rules for classifying the riskiness of hybrid securities.

The critics raised the complaints during a recent conference call organized by the hybrid risk-based capital working group, an arm of the National Association of Insurance Commissioners, Kansas City, Mo.

Insurers Want More Say In  Hybrid Securities Work Plan
Source: National Underwriter (subscription required)