• Insurers face new collateralized loan obligation capital requirements and expanded private placement disclosures at year-end 2026 under NAIC reforms.
• An 11.77% surcharge applies to broadly syndicated loan CLO tranches rated NAIC 2.C or below with tranche thickness at most 4%.
• Private placement disclosures must identify SEC registration status; expanded notes must cover valuations, deferred and PIK interest, and private letter ratings.
• Residential mortgage loans in qualifying statutory trusts receive directly owned mortgage treatment from January 1, 2027, with early adoption permitted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SS&C Technologies Holdings Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.