Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.

Capital Resources
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
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),…
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
Work Group Comment Letter to NAIC on Exposed Guidance Document
RBC Tax Reform Work Group comment letter to NAIC Life Risk-Based Capital Working Group on their exposed guidance document on the interpretation of 2018 Life Risk-Based Capital Results.
Comment / Letter
Work Group Comment Letter to NAIC on Operational Risk Growth Charge
Life Operational Risk Work Group comment letter to NAIC on prospective operational risk growth charge for Life RBC Formula.
Topics: NAIC
Comment / Letter
Work Group Comment Letter on Life Risk-Based Capital
RBC Tax Reform Work Group comment letter to NAIC on the rounding of C-2 life insurance RBC factors and life RBC charges for certain health insurance coverages.
Comment / Letter
Work Group Follow-Up Letter to NAIC on Impact of Tax Changes on RBC
RBC Tax Reform Work Group follow-up letter to NAIC Life Risk-Based Capital Working Group on additional comments regarding impact of changes to corporate tax rate on risk-based capital calculation.
Comment / Letter
Work Group Comments on Life RBC Operational Risk Factor
Operational Risk Work Group comments to the NAIC on the implementation of the Life Risk-Based Capital operational risk factor.
Comment / Letter
Academy Comments to NAIC on Operational Risk
Life Capital Adequacy Committee, Property and Casualty Risk-Based Capital Committee, and Health Solvency Work Group comments to the National Association of Insurance Commissioners (NAIC) on…
Comment / Letter