Academy Resources

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Academy Testimony at Congressional Hearing on Long-Term Care

Laurel Kastrup, chairperson of the Academy’s Health Financial Reporting and Solvency Committee, testimony at a U.S. House Subcommittee on Government Operations hearing on the federal long-term… Download
Date Published: 11/30/2016

Comments on NAIC Staff Memo on Group Capital Calculation

Solvency Committee comments to the NAIC’s Group Capital Calculation (E) Working Group on its NAIC Staff Memo – Inventory Method Items with Questions exposure draft.   Download
Date Published: 10/24/2016

Comments to IAIS on Risk-Based Global ICS Consultation Document

Solvency Committee comments to the International Association of Insurance Supervisors (IAIS) on the Risk-based Global Insurance Capital Standard Version 1.0 public consultation document dated July… Download
Date Published: 10/19/2016
NAIC Report

Report on Proposed 2016 Cancer Claim Cost Valuation Tables

Cancer Claims Cost Tables Work Group report on developing a new set of valuation tables for use with cancer insurance policies in order to aid actuaries with their pricing and reviewing product… Download
Date Published: 08/25/2016
NAIC Report

Report on RBC Risk Factors for Medicare Part D Coverage

Medicare Part D RBC Subgroup report recommending RBC risk factors for Medicare Part D coverage based on analysis of detailed carrier experience, which follows up on an initial report released in… Download
Issue Brief

An Actuarial Perspective on the 2016 Social Security Trustees Report

Social Security Committee issue brief on 2016 Social Security Trustees Report examining the program’s long-term solvency issues and recommending that Congress should act soon to improve the… Download
Date Published: 06/27/2016

Quantifying Risk Exposures for ORSA Reports

Risk Exposures Subgroup practice note on quantifying risk Exposures for Own Risk and Solvency Assessment (ORSA) reports.  Download
Date Published: 06/27/2016

Solvency Committee Comments on “Operational Risk 2016 Factors”

Solvency Committee comments to the NAIC’s Operational Risk (E) Subgroup on its “Operational Risk 2016 Factors” exposure document.  Download
Date Published: 06/06/2016
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. Download
Comment / Letter

Work Group report to NAIC’s Health Risk Based Capital (E) Work Group

th Care Receivables Factors Work Group recommendation on credit risk factors for health care receivables to the NAIC’s Health Risk Based Capital (E) Work Group. Download
Date Published: 04/15/2016
Comment / Letter

Subcommittee Comments to NAIC’s Health Risk-Based Capital (E) Working Group

th Solvency Subcommittee letter to the NAIC’s Health Risk-Based Capital (E) Working Group with comments on Proposal 2016-01-H’s individual premiums and claims footnote. Download

Exposure Draft: Quantifying Risk Exposures for ORSA Reports

ERM/ORSA Committee exposure draft of a new practice note, Quantifying Risk Exposures for Own Risk and Solvency Assessment Reports.  Download
Date Published: 03/07/2016

ERM/ORSA Committee Overview on ORSA Reports

ERM/ORSA Committee overview on the role of regulatory actuaries in reviewing Own Risk and Solvency Assessment (ORSA) reports.    Download
Date Published: 02/01/2016

Comments to IAIS on NTNI Consultation Document

Solvency Committee comments to the International Association of Insurance Supervisors (IAIS) on the Non-traditional Non-insurance Activities and Products public consultation document dated November… Download
Date Published: 01/25/2016
NAIC Report

Work Group Update on Cancer Claims Cost Tables Project

Cancer Claims Cost Tables Work Group presentation to the NAIC’s Health Actuarial Task Force the produced graduated valuation tables, and sample reserve calculations. Download
Date Published: 11/18/2015
Comment / Letter

Subcommittee Update on Evaluation of Asset Risk in HRBC Formula

Health Solvency Subcommittee updated on the evaluation of asset risk in the health risk-based capital (HRBC) formula. Download
Date Published: 11/09/2015
Comment / Letter

Committee Comments to NAIC on ACA Risk Corridors Exposure Draft

Financial Reporting and Solvency Committee comment letter to the NAIC’s Emerging Accounting Issues (E) Working Group on the “ACA Risk Corridors Collectability” exposure draft. Download
Date Published: 10/30/2015

Comments to NAIC on Group Capital Calculation Recommendation

Solvency Committee comments to the National Association of Insurance Commissioners on the Group Capital Calculation Recommendation exposure draft.  Download
Date Published: 10/27/2015

Solvency Committee Congressional Testimony on Domestic Insurance Regulations

Solvency Committee written testimony for the U.S. House Financial Services Subcommittee on Housing and Insurance’s hearing on “The Impact of Domestic Regulatory Standards on the U.S. Insurance… Download
Date Published: 09/29/2015
Presentation

Presentation on 99.5 Percent VaR Over One Year to NAIC

Solvency Committee presentation to the National Association of Insurance Commissioners (NAIC) on the practical implications of using a 99.5 percent Value at Risk (VaR) over a one-year time horizon… Download
Date Published: 08/15/2015

Comments to NAIC on Group Capital Standards

Solvency Committee comments to the National Association of Insurance Commissioners (NAIC) on the Discussion Draft on Approaches to a Group Capital Calculation dated July 23, 2015.  Download
Date Published: 08/07/2015

Comments to IAIS on Higher Loss Absorbency Proposal

Solvency Committee comments to the International Association of Insurance Supervisors (IAIS) on the Higher Loss Absorbency Capacity for Global Systemically Important Insurers (G-SIIs) public… Download
Date Published: 08/06/2015
Issue Brief

Committee Issue Brief on 2015 Social Security Trustees Report

Social Security Committee issue brief on 2015 Social Security Trustees Report examining the social insurance program’s long-term solvency issues and recommending that Congress should act soon to… Download
Date Published: 07/29/2015
Comment / Letter

Academy Committees Comment on PCAOB Auditor and Specialist Paper

The Financial Reporting Committee, Pension Accounting Committee, Casualty Committee on Property and Liability Financial Reporting, Health Financial Reporting and Solvency Committee, and Life… Download
Date Published: 07/15/2015
Comment / Letter

Work Group Comments to NAIC on Evaluation of Asset Risk Factors

Health Solvency Work Group comment letter to the NAIC’s Investment Risk-Based Capital Working Group on the evaluation of asset risk factors for the health risk-based capital formula. Download