C1 Subcommittee

The C1 Subcommittee reviews capital requirements for the investment risks of life insurance companies, as contained in the Life RBC formula. The subcommittee reviews all aspects of the C1 component, including assumptions, methodologies, and consistency of risk measures. The subcommittee will recommend revisions as appropriate, which may include RBC factor updates, NAIC bond designations, and use of alternative methods of capital determination for specific asset classes. The subcommittee also provides technical guidance to the NAIC regarding risks related to collateralized loan obligations and other complex assets.