Principle-Based Reserves and Captives – The Controversy Continues: The Latest Developments in Principle-Based Reserving and Bridging the Gap in State Regulation of Insurance Company-Owned Captives

Report of Rector & Associates, Inc. to the Principle-Based Reserving Implementation (EX) Task Force -February 17, 2014 - February 2015
by Bryan R. Newcombe, Vice President, Secretary and General Counsel at Legal & General America, Inc. Banner Life Insurance Company William Penn Life Insurance Company of New York, Michael P. McTigue, Assistant General Counsel at AIG, Cynthia J. Borrelli, Bressler Amery & Ross P.C.