Sabrina Wilson // April 24, 2025 
(Image credit: geralt/Pixabay.)
At its Spring National Meeting in Indianapolis (March 23-26), the National Association of Insurance Commissioners (NAIC) announced a major overhaul of its Risk-Based Capital (RBC) model—a foundational shift in how insurers will be evaluated for capital adequacy. The move marks the most significant update to the framework in over two decades and signals the NAIC’s intent to modernize capital standards to reflect today’s increasingly complex investment strategies and evolving risk landscape. For insurers, the implications are clear: it’s time to prepare for a more principles-based and dynamic approach to