Risk-Based Capital (RBC) for Insurers Model Act (#312)

The NAIC Model Risk-Based Capital (RBC) Act (#312) provides a uniform framework for setting capital requirements that reflect the size, risk profile and financial condition of insurers. It establishes quantitative standards and supervisory tools to ensure insurers hold sufficient capital to support their underwriting and investment risks, and serves as a template for states adopting or adapting RBC regulations.