The PBR Strategy Subgroup submitted an additional comment letter to the NAIC Principle-Based Reserving Implementation (EX) Task Force regarding the potential impact of PBR in its draft legislative brief.
Five years have passed since the U.S. Qualification Standards (QS) were last revised and effectuated. As such the Academy’s Committee on Qualifications (Committee) has decided to undertake a review to determine if there is a need to start the process of considering revisions to the QS.