Risk Management & Financial Reporting

The Academy’s Risk Management and Financial Reporting Council (RMFRC) serves as a trusted source for objective technical insights, and guidance for policymakers and regulators.

RMFRC is dedicated to illuminating decisions and redefining the standards of excellence in the ever-evolving world of Risk and Finance.

Risk Management & Financial Reporting
Additional Consideration in Data Science

Additional Consideration in Data Science

A series of issue briefs providing a more complete, contextual view of important topics that arise in data science.
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Big Data

Big Data

Academy resources on analyzing vast datasets using advanced computational methods to uncover trends, patterns, and associations.
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Enterprise Risk Management

Enterprise Risk Management

Issues related to ERM encompassing property/casualty, life, and health actuarial practice areas.
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Federal Insurance Regulation/Systemic Risk

Federal Insurance Regulation/Systemic Risk

Regulation of insurance by the federal government or as a systemic risk to the economy.
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Financial Reporting/International Accounting

Financial Reporting/International Accounting

Global financial reporting issues that affect multiple areas of actuarial practice.
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Solvency/Reinsurance

Solvency/Reinsurance

Solvency, risk management, and reinsurance issues impacting various actuarial practices globally.
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Risk Management & Financial Reporting Resources

Comments on IAIS Paper ICP14: ‘Valuation for Solvency Purposes’

Solvency Committee comments on the IAIS paper, ICP14: ‘Valuation for Solvency Purposes.’  
Date Published: 03/24/2011
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Comments on Valuation for Solvency Purposes

Solvency Committee comments to the IAA and additional comments to the NAIC on the IAIS paper, ICP 14: “Valuation for Solvency Purposes.”  
Date Published: 03/24/2011
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Comments on NAIC ORSA Proposal

ERM Committee comments to the NAIC on its U.S. Own Risk and Solvency Assessment (ORSA) Proposal.  
Date Published: 03/18/2011
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Comments on Systemic Risk of Non-Bank Financial Companies

Financial Regulatory Reform Task Force comments to the Financial Stability Oversight Council on its proposed rule, “Authority to Require Supervision and Regulation of Certain Non-Bank Financial…
Date Published: 02/25/2011
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Presentation

Discount Rates: Reconciling the Top Top-Down and Bottom-Up views

Financial Reporting Committee presentation on the discount rate for insurance contracts to FASB and IASB.  
Date Published: 02/03/2011
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Comments on Principles for Reducing Reliance on CRA Ratings

Solvency Committee comments to the IAIS on the Financial Stability Board’s (FSB) Principles for Reducing Reliance on Credit Rating Agencies (CRA) Ratings document.  
Date Published: 02/03/2011
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Comment / Letter

Comments on ICP7: ‘Corporate Governance’

ERM Committee comments to the IAIS on its draft paper ICP7: “Corporate Governance.”
Date Published: 12/31/2010
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Role of the Actuary Under Federal Risk and Insurance Oversight

The Financial Regulatory Reform Task Force releases Role of the Actuary Under Federal Risk and Insurance Oversight, an update to the 2003 Role of the Actuary monograph.
Date Published: 12/15/2010
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Comment / Letter

Comments on IASB and FASB Insurance Contracts

IFRS Task Force comments to the IASB on its Insurance Contracts Exposure Draft and comments to the FASB on its accompanying discussion paper.
Date Published: 11/30/2010
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