Mind the Gaps: What Do New Disclosures Tell Us About Life Insurers' Use of Off-Balance-Sheet Captives?

Mind the Gaps: What Do New Disclosures Tell Us About Life Insurers' Use of Off-Balance-Sheet Captives?

This brief analyzes recent regulatory reforms to strengthen disclosure and asset quality standards for U.S. life insurers’ use of captive reinsurance. Because of limitations and exemptions, disclosure requirements apply to only 35 percent of the captive industry. (Brief no. 16-02)