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

Comment / Letter

ERM/ORSA Committee Comments on NAIC’s “Draft Form A Review Best Practices” Exposure

mittee comments to the NAIC’s National Treatment and Coordination (E) Working Group on its “Draft Form A Review Best Practices” exposure document.
Date Published: 08/17/2016
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Comment / Letter

Comments on ORSA for Solvency Modernization Initiative

ERM Committee response to the NAIC on its consultation paper on Own Risk and Solvency Assessment (ORSA) for the Solvency Modernization Initiative.
Date Published: 10/04/2010
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Comment / Letter

P/C RBCC Response to NAIC Request on RBC Issues

P/C Risk-Based Capital Committee response to the NAIC’s request on risk-based capital issues.
Date Published: 10/01/2010
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Comment / Letter

Comments on Consultation Paper on Corporate Governance and Risk Management

ERM Subcommittee comments on the NAIC’s Solvency Modernization Initiative (EX) Task Force’s Consultation Paper on Corporate Governance and Risk Management.
Date Published: 02/26/2010
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Comment / Letter

Comments to NAIC on Financial Solvency Framework

Risk Management and Solvency Committee comments to the NAIC on its draft paper, United States Insurance Financial Solvency Framework.
Date Published: 12/17/2009
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NAIC Report

FS/RM Review of International Responses to Financial Crisis for LHATF

Letter from LFSRM to LHATF on the status of review of country specific regulatory responses to the financial crisis.
Date Published: 12/03/2009
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Comment / Letter

Comments on Non-Accounting Issues for Consideration in Solvency Modernization Initiative

Risk Management and Solvency Committee comments to the NAIC on its paper, Non-Accounting Issues for Consideration in the Solvency Modernization Initiative.
Date Published: 02/04/2009
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Comment / Letter

Comments to NAIC on Windows and Walls Memo

Risk Management and Solvency Committee comments to the NAIC on its draft memorandum, Windows and Walls Approach for Regulation of United States Based Insurers Operating within Corporate Groups.
Date Published: 01/29/2009
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Comment / Letter

Comments on Corporate Governance for Risk Management Act

Life Governance Team comments on the draft Corporate Governance for Risk Management Act that was re-exposed for comment by the NAIC’s Capital Adequacy Task Force.
Date Published: 11/07/2007
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NAIC Report

IFRS Task Force Presentation to NAIC on Insurance Contracts

IFRS Task Force presentation to the NAIC on insurance contracts at the NAIC 2007 Interim Meeting of the International Solvency and Accounting Working Group.
Date Published: 08/22/2007
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