SC S0220

Expands definitions in the Insurance Holding Company Regulatory Act to include "Group Capital Calculation instructions," "NAIC Liquidity Stress Test Framework," and "Scope Criteria" for regulatory oversight purposes

Requires ultimate controlling persons of registered insurers to file annual group capital calculations and liquidity stress test results with lead state commissioners, with specific exemptions for smaller insurance holding company systems and those supervised by the Federal Reserve Board

Strengthens protections for insurer assets by requiring that all records, data, and premiums held by affiliates remain the exclusive property of the insurer and subject to insurer control, with provisions for receivership access

Increases the single-person investment limitation from 3% to 5% of admitted assets for non-life insurers, while clarifying that limitations apply to aggregate investments held directly or indirectly through affiliates and subsidiaries

Mandates confidentiality of group capital calculations, group capital ratios, and liquidity stress test results, prohibiting public dissemination of these regulatory tools except to rebut materially false statements