Insurers and others are closely following efforts by the National Association of Insurance Commissioners (NAIC) to develop a new, comprehensive, “principles-based” definition of debt securities for ...
Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the ...
On August 26, 2021, the Statutory Accounting Principles (E) Working Group (SAPWG) of the National Association of Insurance Commissioners (NAIC) directed a new “43R study group” to continue work on a ...
Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...
Bond insurance, or financial guaranty insurance, is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. Read on to learn more about bond insurance and ...