Risk-Based Capital
Risk-based capital issues in property and casualty actuarial practice, including its treatment by the National Association of Insurance Commissioners.

Risk-Based Capital Resources
Comment / Letter
Committee Scope Letter on New Assessment of Underwriting Risk
P/C RBC Committee scope letter to NAIC outlining project for new assessment of several elements of underwriting risk in the risk-based capital formula for P/C insurers.
Comment / Letter
Comments on Investment RBC Bond Factors
Comment letter submitted jointly by the P/C RBC Committee and the Health Solvency Subcommittee regarding changes to corporate bond factors being considered by the NAIC’s Investment Risk-Based…
Comment / Letter
P/C and Health Group Comments on Operational Risk Factor
Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC’s Operational Risk Subgroup on proposed changes to the operational risk factor in…
Comment / Letter
Solvency Committee Comments on Investment RBC on NAIC’s ‘Way Forward’
Solvency Committee comments to the NAIC’s Investment Risk-Based Capital (E) Working Group on its “Way Forward” exposure document.
Comment / Letter
Comments to NAIC on Bond Risk Factors in RBC Formula
P/C Risk-Based Capital Committee comments to the NAIC’s Capital Adequacy Task Force on the ongoing examination of the bond risk factors used in the P/C risk-based capital (RBC) formula.
Comment / Letter
Comments to NAIC on Calculating R6, R7 Catastrophe Risks
Catastrophe Risk Subcommittee of the P/C Risk-Based Capital (RBC) Committee comments to the NAIC’s Catastrophe Risk Subgroup on the proposal to revise the calculation of catastrophe risks R6 and R7…
Comment / Letter
Comments to NAIC on Revised Form PR026
RBC Catastrophe Risk Subcommittee comments to NAIC’s Catastrophe Risk (E) Subgroup on revised Form PR026 for the 2015 reporting year.
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
Comments to NAIC on RAA’s Updated Proposal on Reinsurance Credit Risk
Risk-Based Capital Committee comment letter to the National Association of Insurance Commissioners on the Reinsurance Association of America’s (RAA) updated proposal on reinsurance credit risk…
Comment / Letter