Holding Company Act; amend to include group capital calculation and liquidity stress test requirements to.

HB 1172 amends Mississippi's Holding Company Act to require insurance holding companies (especially those operating internationally) to conduct group capital calculations and liquidity stress tests. These provisions aim to ensure insurers maintain sufficient financial strength to withstand economic shocks, directly affecting large insurance groups with significant global operations. The bill adds specific definitions, authorizes the Insurance Commissioner to require deposits or bonds in certain situations, and mandates confidentiality for submitted financial data. The bill died in the Insurance Committee on February 4, 2025, and was never enacted.