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.
NAIC Report
Presentation on P/C Underwriting Risk Charges at NAIC Meeting
Casualty Practice Council presentation by Academy Vice President Mike Angelina to the NAIC’s P/C Risk-Based Capital Working Group on underwriting risk charges in NAIC P/C risk-based capital.
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.
NAIC Report
Committee Report on Reinsurance Credit Risk Charge in NAIC P/C RBC
Property/Casualty Risk-Based Capital Committee report to the NAIC’s Property/Casualty Risk-Based Capital Working Group on the reinsurance credit risk charge in NAIC Property/Casualty Risk-Based…
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
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…
NAIC Report
DTA Bridge Group Revised Report
Deferred Tax Asset Bridge Group revised report and accompanying cover letter to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the…
NAIC Report