Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
Health Committee News
ASB Adopts Final Revision of ASOP No. 5
The ASB recently adopted a final revision of ASOP No. 5, Incurred Health Claim Liabilities. This ASOP provides guidance to actuaries when estimating or reviewing incurred claims when preparing or…
Topics: ASB News
Date Published: 04/27/2017
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Capital Resources
Comment / Letter
C-2 Longevity Discussion Topics for 2026 Plan
The Longevity Risk Task Force submitted C-2 discussion topics for 2026 to the NAIC Longevity Risk (E/A) Subgroup.
Topics: Risk-Based Capital
Presentation
C-1 Subcommittee Update on CLO C-1 Factors Modeling—Residual Tranches and Portfolio Adjustment Factors
C-1 Subcommittee Chairperson Steve Smith gave an update on Residual Tranches and Portfolio Adjustment Factors in the collateralized loan obligation (CLO) comparable attributes project to the…
Topics: Risk-Based Capital
Comment / Letter
Longevity Reinsurance C2 Proposal Comments
The Academy’s Longevity Risk Task Force (Task Force) provided responses to questions posed by the NAIC Longevity Risk (E/A) Subgroup regarding a framework for the RBC C-2 charge for longevity…
Topics: Life
Comment / Letter
Comments to NAIC Groups Regarding the LRBCWG/VACRSG Exposure
The C-3 Subcommittee and Variable Annuity Reserves and Capital Subcommittee provided comments to the NAIC’s Life Risk-Based Capital (E) Working Group (LRBCWG) and to the Variable Annuities Capital…
Comment / Letter
Capital Work Group’s Letter and Spreadsheet to Valuation Manual (VM)-22 Subgroup
The Academy’s Annuity Reserves and Capital Work Group’s letter and spreadsheet to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force’s VM-22 Subgroup regarding a…
Comment / Letter
C1 Work Group’s Comment Letter to NAIC on Bond Factors
C1 Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on its exposures of proposed bond factors and…
Comment / Letter
C-2 Longevity Risk Work Group’s Comment Letter to NAIC on Longevity Factors and Instructions
C-2 Longevity Risk Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on the exposure (2021-13-L), Longevity…C1 Work Group’s Updated Bond Factors to LRBC Working Group
The C1 Work Group’s letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to…C-2 Work Group Update to NAIC’s Life Risk-Based Capital (E) Working Group
C-2 Mortality Work Group update to the NAIC’s Life Risk-Based Capital (E) Working Group reviewing the C-2 overall approach and current risk-based capital (RBC) factors.
Presentation