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US NAIC Cyber Insurance Model Bulletin 2022 - Market Conduct, Data Calls, Coverage Clarity and Systemic Risk Monitoring

This model bulletin provides guidance for state insurance regulators to enhance oversight of the cyber insurance market, requiring insurers to improve…

What US NAIC Cyber Insurance Model Bulletin 2022 - Market Conduct, Data Calls, Coverage Clarity and Systemic Risk Monitoring requires

This model bulletin provides guidance for state insurance regulators to enhance oversight of the cyber insurance market, requiring insurers to improve data reporting for solvency and market conduct analysis, clarify policy language to avoid ambiguity, and support systemic risk monitoring, as outlined in the 'Purpose' section.

Pillar: Banking & Global Finance · Authority: National Association of Insurance Commissioners (NAIC) · Version: 1.0.0 · Last updated:

Primary source: https://content.naic.org/model-laws

SHA-256 integrity: 32b24f9865dabab304ce1f4c9a2341f7177b54a5029bb514d61ed5f9c2f70b0c

Primary Citations — 6 traced to source

  • NAIC Model Bulletin, Section 1: Purpose
  • NAIC Model Bulletin, Section 2: Data Collection to Assess Market Health and for Solvency Regulation

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