Comment / Letter

LCAS Comments on March 20 Operational Risk Proposal

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Publish Date:

04/15/2014

Category:

Policy & Research

Topics:

NAIC, Risk-Based Capital

Life Capital Adequacy Subgroup comments on the NAIC Operational Risk Subgroup’s March 20 exposure of a revised proposal that suggests a new “C-5” factor in the NAIC Life Risk-Based Capital formula to provide for operational risk.