Dodd-Frank: in search of clarity

US Captive 2012

PUBLISHED ON: August 28, 2012

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Since enactment by Congress of the Nonadmitted and Reinsurance Reform Act (NRRA) as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, questions about the NRRA’s applicability to captive insurance companies have been a hot topic within the industry. For nearly two years, professionals working on captive insurance matters have been asking: ‘What does the NRRA mean for me?’ Unfortunately, the answer is an unsatisfying: ‘It depends.’

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