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.
Chairperson:
Stephen Smith
Members:
Marc Altschull
David Chang
Christopher Foote
Carl Ghiselli
Eric Henderson
R. Jerome Holman
Jeffrey McClure
David Moralis
Ainul Shafiqah Shafie
Bihuan Zhu
David Chang
Christopher Foote
Carl Ghiselli
Eric Henderson
R. Jerome Holman
Jeffrey McClure
David Moralis
Ainul Shafiqah Shafie
Bihuan Zhu
Related Publications
C1 Subcommittee Updates NAIC’s RBC Investment Risk Working Group
The C1 Subcommittee gave an update to NAIC’s Risk-Based Capital (RBC) Investment Risk Evaluation (E) Working Group on its work determining comparable attributes of collateralized loan obligations...
Topics: Actuarial Standards
Date Published: 03/25/2025
Read More
Subcommittee Presents to RBCIRE on CLO Project
The C1 Subcommittee presented an update to the Risk-Based Capital Investment Risk Evaluation (E) Working Group on their work determining comparable attributes of collateralized loan obligations...
Topics: Casualty Risk-Based Capital
Date Published: 02/11/2025
Read More