Academy Resources
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VA Reserve and Capital Work Group APF to Update RMD
The Variable Annuity Reserves and Capital Work Group’s proposed amendment submitted to the NAIC’s Life Actuarial Task Force (LATF) to update the reference to the required minimum distribution… DownloadDate Published: 03/15/2021
C1 Work Group’s Updated Bond Factors to LRBC Working Group
The C1 Work Group’s letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to… DownloadDate Published: 03/11/2021
C1 Work Group Submits Updated Bond Factors to LRBC Working Group
The C1 Work Group submitted a letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment… DownloadDate Published: 03/11/2021
C1 Work Group Submits Comments to LRBC Working Group on Capital Requirements for Real Estate
The C1 Work Group submitted comments to the NAIC’s Life Risk-Based Capital (LRBC) Working Group on the exposed January 21, 2021 proposal to restate the capital requirements for real estate in the… DownloadDate Published: 03/11/2021
Issue Brief
Issue Brief on Regulatory Options for Long-Term Care Insurance Innovation
The Long-Term Care (LTC) Reform Subcommittee’s issue brief on regulatory options for LTC insurance innovation. This issue brief examines some National Association of Insurance Commissioners (NAIC)… DownloadDate Published: 03/10/2021
Issue Brief Released on Regulatory Options for Long-Term Care Insurance Innovation
The Long-Term Care (LTC) Reform Subcommittee released their issue brief on regulatory options for LTC insurance innovation. This issue brief examines some National Association of Insurance… DownloadDate Published: 03/10/2021
Comment / Letter
C1 Work Group Comments to LRBC Working Group on Capital Requirements for Real Estate
The C1 Work Group’s comments to the NAIC’s Life Risk-Based Capital (LRBC) Working Group on the exposed January 21, 2021 proposal to restate the capital requirements for real estate in the… DownloadDate Published: 03/08/2021
Report
Committee Report to the NAIC on Update to Property and Casualty Risk-Based Capital Underwriting Factors Experience Through December 31, 2017
The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)… DownloadDate Published: 03/05/2021
P/C RBC Committee Submits Major Underwriting Risk Factors Report to NAIC
The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)… DownloadDate Published: 03/05/2021
ERM/ORSA Climate Work Group Provides Comments to NAIC on Climate Survey Analysis
The ERM/ORSA Climate-Related Financial Disclosures Work Group submitted comments to the NAIC Climate and Resilience (EX) Task Force’s Climate Risk Disclosure Workstream related to ongoing… DownloadDate Published: 03/02/2021
Comment / Letter
Climate Work Group Comments to NAIC Climate and Resilience Task Force
ERM/ORSA Climate-Related Financial Disclosures Work Group comments to the NAIC Climate and Resiliency (EX) Task Force’s Climate Risk Disclosure Workstream. DownloadDate Published: 03/02/2021
Presentation
NAIC Book Club Presentation
Presentation made to the National Association of Insurance Commissioners Casualty Actuarial and Statistical (C) Task Force at a webinar as part of its “Book Club” series to facilitate regulator… DownloadAcademy Presents at CASTF &
Academy Presents at CASTF ‘Book Club’ The Academy made three presentations to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) webinar as part of CASTF’s “Book Club”… Download
Comment / Letter
Comment Letter to the NAIC Health RBC Working Group on Impact of Investment Income
The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to further analyze the impact of incorporating… DownloadDate Published: 02/22/2021
Comment Letter Sent to the NAIC Health RBC Working Group on Impact of Investment Income
The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to further analyze the impact of incorporating investment… DownloadDate Published: 02/22/2021
Research Paper
Climate Risk Financial Disclosure Analysis
ERM/ORSA Climate Related Financial Disclosures (CRFD) Work Group update to the NAIC Climate Risk and Resiliency (EX) Task Force on the Climate Risk Disclosures Survey Analysis project. DownloadDate Published: 01/27/2021
ERM/ORSA Climate Work Group Shares Update to NAIC on Survey Analysis
The ERM/ORSA Climate Risk Disclosures Work Group Chair, Michelle Young, and Academy Assistant Director for Research, Steve Jackson, shared an update to the NAIC Climate Risk and Resiliency… DownloadDate Published: 01/27/2021
Presentation
ERM/ORSA Climate Work Group Presentation to NAIC on Survey Analysis
ERM/ORSA Climate Related Financial Disclosures (CRFD) Work Group update to the NAIC Climate Risk and Resiliency (EX) Task Force on the Climate Risk Disclosures Survey Analysis project. DownloadDate Published: 01/27/2021
Practice Note
Statements of Actuarial Opinion on P/C Loss Reserves (2020)
The Committee on Property and Liability Financial Reporting’s practice note on Statements of Actuarial Opinion on P/C Loss Reserves (2020), including discussion regarding changes in the NAIC Annual… DownloadDate Published: 01/19/2021
NAIC Report
COPLFR Releases Practice Note on Statements of Actuarial Opinion on P/C Loss Reserves
The Committee on Property and Liability Financial Reporting (COPLFR) released the practice note, Statements of Actuarial Opinion on P/C Loss Reserves (2020), which includes discussion regarding… DownloadDate Published: 01/19/2021
Comment / Letter
Comment Letter to the NAIC Health RBC Working Group on Investment Income
The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group providing additional detail regarding the potential… DownloadDate Published: 01/11/2021
Health Solvency Subcommittee Submits Comment Letter to NAIC Health RBC Working Group on Investment Income
The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group providing additional detail regarding the potential… DownloadDate Published: 01/11/2021
Comment / Letter
Life Underwriting and Risk Classification Work Group Letter to NAIC (A) Committee
The Life Practice Council’s Life Underwriting and Risk Classification Work Group letter to the NAIC Life Insurance and Annuities (A) Committee on state regulatory and legislative actions in regards… DownloadDate Published: 12/18/2020
Comment / Letter
Health Solvency Subcommittee Comment Letter to NAIC Health Risk-Based Capital Working Group on Investment Income and Underwriting Risk Factors
The Health Solvency Subcommittee comment letter to the National Association of Insurance Commissioners (NAIC) Health Risk-Based Capital (E) Working Group to provide analysis to incorporate… DownloadDate Published: 12/17/2020
Comment / Letter
Health Equity Work Group Comments to the NAIC Special (EX) Committee on Race and Insurance
The Health Practice Council’s Health Equity Work Group comments to the National Association of Insurance Commissioners (NAIC) highlighting their efforts to facilitate solutions to address health… DownloadDate Published: 12/04/2020