NAIC Report: 2026 Spring National Meeting

The 2026 Spring National Meeting (the “Spring National Meeting”) of the National Association of Insurance Commissioners (the “NAIC”) was held in San Diego, California, from March 22 to March 25, 2026. Highlights from the Spring National Meeting include:

• The Statutory Accounting Principles (E) Working Group voted to move forward with an IMR proof of reinvestment concept, with a template to be developed for exposure at a future meeting.
• On March 25, 2026, Executive and Plenary adopted the white paper on restructuring mechanisms previously adopted by the Financial Condition (E) Committee on December 11, 2025.
• The Risk-Based Capital Investment Risk and Evaluation (E) Working Group discussed proposed new C-1 (asset risk) factors for CLO investments in the Life RBC formula for year-end 2026 reporting.
• The NAIC’s new investment-focused task force and subgroups previewed their planned workstreams, including a new focus on assessing mortgage loan investments held by insurers.

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