SEC pushes insurers for details on 'captives'

(Reuters) - The securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as 'captives,' whose business model has come under regulatory radar, the Wall Street Journal reported.

from Reuters: Business News http://feeds.reuters.com/~r/reuters/businessNews/~3/wOT9pYipt1s/story01.htm