Academy Resources

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Solvency Committee Testimony to Senate on Insurance Capital Proposals

Solvency Committee written testimony for the U.S. Senate Banking Subcommittee on Securities, Insurance, and Investment hearing on “Examining Insurance Capital Rules and FSOC Process.”    Download
Date Published: 04/30/2015

Solvency Committee Congressional Testimony on International Insurance Regulations

Solvency Committee written testimony for the U.S. House Financial Services Subcommittee on Housing and Insurance’s hearing on “The Impact of International Regulatory Standards on the Competitiveness… Download
Date Published: 04/29/2015

Comments to IAIS on Global Insurance Capital Standard

Solvency Committee comments to the International Association of Insurance Supervisors on the Risk-based Global Insurance Capital Standard public consultation document dated Dec. 17, 2014.  Download
Date Published: 02/06/2015
Comment / Letter

Academy Comments to NAIC on Operational Risk

Life Capital Adequacy Committee, Property and Casualty Risk-Based Capital Committee, and Health Solvency Work Group comments to the National Association of Insurance Commissioners (NAIC) on… Download

Committee Comments on Group Capital Methodologies

Solvency Committee comments to the National Association of Insurance Commissioners on the U.S. Group Capital Methodology Concepts Discussion Paper.  Download
Date Published: 12/05/2014

Committee Comments to Congress on Insurance Capital Standards Bill

Solvency Committee comments to members of the U.S. House of Representatives and the U.S. Senate in support of passage of the Insurance Capital Standards Clarification Act of 2014, which clarifies… Download
Date Published: 12/02/2014

Solvency Committee Congressional Testimony on International Capital Regulations

Solvency Committee written testimony to the U.S. House Financial Services Subcommittee on Housing and Insurance hearing on “The Impact of International Regulatory Standards on the Competitiveness of… Download
Date Published: 11/18/2014

Comments on Importance of Actuaries in Protecting Solvency

Financial Regulatory Task Force comment letter to the Financial Stability and Oversight Council on the importance of actuaries in financial and insurance systems, and its perspective on updates to… Download
Issue Brief

Actuarial Perspective on 2014 Social Security Trustees Report

Social Security Committee issue brief on 2014 Social Security Trustees Report examining the social insurance program’s long-term solvency and stating that Congress should act soon to improve the… Download
Date Published: 10/21/2014
Comment / Letter

Comments on Insurance Group Solvency and Capital Standards

Solvency Committee comments to the National Conference of Insurance Legislators on the key priorities and principles that should be considered when developing insurance group solvency and capital… Download
Date Published: 10/10/2014

ERM/ORSA Committee Actuaries and ORSA Overview

ERM/ORSA Committee overview of the key content of an Own Risk and Solvency Assessment (ORSA) and the components of an ORSA for which actuarial input may be useful.  Download
Date Published: 09/26/2014

Comments on Principles for Insurance Group Solvency and Capital Standards

Solvency Committee comments to the National Association of Insurance Commissioners on the key priorities and principles that should be considered when developing insurance group solvency and capital… Download
Date Published: 09/18/2014

Solvency Committee Comments to IAA on Revised BCR Proposal

Solvency Committee comments to the International Actuarial Association on the International Association of Insurance Supervisors’ revised proposal, Basic Capital Requirements for Global Systemically… Download
Date Published: 08/04/2014

Solvency Committee Comments to NAIC on Revised BCR Proposal

Solvency Committee comments to the National Association of Insurance Commissioners on the International Association of Insurance Supervisors’ revised proposal, Basic Capital Requirements for Global… Download
Date Published: 08/04/2014

Academy Essential Elements Paper on Social Security

The Academy published a new Essential Elements paper, Securing Social Security, that examines the long-term solvency challenges facing the nation’s largest social insurance program and approaches… Download
Date Published: 07/28/2014
Comment / Letter

Comment Letter on New Accounting Proposal for ACA Risk-Sharing Programs

Health Practice Financial Reporting Committee comments to the NAIC on new accounting proposals for the risk-sharing programs of the Affordable Care Act. Download
Date Published: 06/20/2014

Comments to IAA on IAIS Insurance Capital Standard Memo

Solvency Committee comments to the International Actuarial Association (IAA) on the International Association of Insurance Supervisors’ (IAIS) Memo on a proposed approach for a global insurance… Download
Date Published: 06/06/2014

Letter to Congress on Insurance Capital Standards Clarification Act of 2014

Solvency Committee comments to members of the U.S. House of Representatives supporting passage of the Insurance Capital Standards Clarification Act of 2014 (S.2270/H.R.4510), which clarifies that the… Download
Date Published: 06/05/2014
Comment / Letter

Letter to NAIC on Impact of 3Rs on Health RBC

Letter from Health Solvency Work Group to NAIC Health Risk-Based Capital Working Group regarding the effect of the 3Rs on risk-based capital. Download
Date Published: 03/11/2014

Comments to NAIC on the ORSA Guidance Manual

ORSA Subgroup comments to the NAIC on its Guidance Manual for the Own Risk and Solvency Assessment (ORSA), noting that revisions made in the March 2014 draft provides clarity for those developing… Download
Date Published: 03/05/2014

Solvency Committee Comments to NAIC on BCR paper

Solvency Committee comments to the National Association of Insurance Commissioners on the International Association of Insurance Supervisors’ proposal, Basic Capital Requirements for Global… Download
Date Published: 01/28/2014

Committee Comments to IAA on BCR paper

Solvency Committee comments to the International Actuarial Association on the International Association of Insurance Supervisors’ proposal, Basic Capital Requirements for Global Systemically… Download
Date Published: 01/16/2014

Committee Comments to NAIC on ComFrame Paper

Solvency Committee comments to the National Association of Insurance Commissioners on the International Association of Insurance Supervisors’ paper, Common Framework for the Supervision of… Download
Date Published: 12/04/2013

Committee Comments to IAA on ComFrame Paper

Solvency Committee comments to the International Actuarial Association on the International Association of Insurance Supervisors’ paper, Common Framework for the Supervision of Internationally… Download
Date Published: 11/22/2013
Issue Brief

Measuring Pension Obligations

Pension Practice Council issue brief that examines the different measurements of the obligations of defined-benefit pension plans and discusses two common measurements for these plans: solvency value… Download
Date Published: 11/21/2013