Regulatory: Transfer of Risk Cases

Issue: With the NAIC requirement of risk transfer in connection with year-end reinsurance transactions (in the past, so called “surplus relief”), measuring whether the risk transferred meets the regulatory criteria can become an issue.

Overall. Mr. Hager has in-depth and highly technical knowledge and hands on experience analyzing and measuring whether sufficient risk has transferred in the reinsurance agreement to qualify against the NAIC standards. This experience is derived from reviewing many such year-end transactions as a regulator and determining their import.