BlackRock To Judge Insurers' Commercial Mortgage Risk
BlackRock will evaluate more than 7,000 CMBS held by U.S.-based insurance companies at the end of 2010, the NAIC said in a statement Thursday. The assessment will help state regulators determine how much insurance regulators need to hold back in reserves.
BlackRock Solutions, a unit of the New York-based asset management firm BlackRock Inc., was chosen from among 16 firms...
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