NY A10226

Requires holding companies controlling insurers and authorized domestic insurers to file annual group capital calculations and liquidity stress test results with the superintendent, with exemptions available per regulation.

Prohibits insurers, insurance producers, and other persons from publicly disclosing group capital calculations, ratios, liquidity stress test results, or related components, except that insurers may rebut materially false statements with superintendent approval.

Expands confidentiality protections for documents and information shared by the superintendent to include trade secrets and allows sharing with third-party consultants and other entities designated by regulation.

Makes controlled insurers and authorized domestic insurers liable for reasonable expenses incurred by the superintendent in administering group-wide supervision of internationally active insurance groups, including professional services and travel costs.

Authorizes the superintendent to promulgate regulations requiring hazardous insurers to secure deposits or bonds for holding company transactions, requiring affiliated entities to submit to jurisdiction in proceedings against the insurer, and governing records and funds held by affiliates.