Insurance Open Protocol Manual July 2024

The Standards Board for Alternative Investments (SBAI) and Albourne, co-chairs of the Open Protocol Working Group, have published updates to the Insurance Open Protocol (“IOP”).

The Standards Board for Alternative Investments (SBAI) has published updates to the Insurance Open Protocol (“IOP”).

The reporting of Stress Test Results in the Open Protocol (OP) Risk Reporting Template has been updated to allow for both gross and net reporting. This is to ensure that managers do not fall foul of the amended SEC Marketing Rule. The update is reflected in the OP Manual, there have been no changes to the OP reporting template (xls/xml).