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
Academy Letter to NAIC on Operational Risk Proposal
Letter from Academy RBC work groups to the NAIC SMI RBC Subgroup regarding the NAIC’s Dec. 9 Operational Risk Proposal.
Comment / Letter
Comments to NAIC on Reinsurance Credit Risk Proposal
P/C Risk-Based Capital Committee comment letter to the National Association of Insurance Commissioners on the Reinsurance Association of America’s discussion draft on reinsurance credit risk.
Comment / Letter
P/C RBC Committee Report on International Methodologies of Risk Correlation
P/C Risk-Based Capital Committee report to the NAIC’s Solvency Modernization Initiative RBC Subgroup on risk correlation methodologies used to determine regulatory solvency capital requirements in…
Comment / Letter
Casualty Practice Council Comments on Proposed Changes to the RBC Formula to Incorporate Catastrophe Risk
Casualty Practice Council Comments to the NAIC’s Catastrophe Risk Subgroup on its proposed changes to the Risk-Based Capital formula spreadsheets to incorporate property catastrophe risk.
Comment / Letter
Letter to SMI RBC Subgroup on CAS Working Party Activity
P/C Risk-Based Capital Committee letter to Solvency Modernization Initiative RBC Subgroup concerning CAS Working Party research on potential improvements to the NAIC’s P/C RBC framework.
Comment / Letter
Comments on White Paper, ‘The U.S. National State-Based System of Insurance Financial Regulation and the Solvency Modernization Initiative’
Public policy practice groups comments to the NAIC on its draft white paper on the Solvency Modernization Initiative and insurance regulation offering suggestions encompassing RBC, ORSA, and NAIC…
Comment / Letter
P/C RBC Committee Letter on SMI Project
Property/Casualty RBC Committee update in response to the NAIC’s request for assistance with the Solvency Modernization project on the NAIC’s Risk-Based Capital formulas. This update discusses the…
Comment / Letter
Letter to NAIC’s P/C Risk-Based Capital Working Group on RBC SMI Project
P/C RBC Committee letter to the NAIC’s P/C RBC Working Group regarding the Academy’s joint report in response to the NAIC’s request for assistance with its Solvency Modernization project on its RBC…
Comment / Letter
Casualty Practice Council Request for CAS Research Assistance on RBC SMI Project
Casualty Practice Council request for research assistance from the Casualty Actuarial Society in conjunction with its efforts to aid the National Association of Insurance Commissioners with its RBC…
Comment / Letter