NAIC

CAIWG Response to Questions from the NAIC

Contingent Annuity Issues Work Group responses to questions from the NAIC regarding the reserving and capital requirements for contingent annuities.  

NAIC Report

AOM Communication Improvement Report

Report by AOM Discussion Group on ideas to improve the communication of issues within the appointed actuary’s memorandum. 

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.

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…

Comment / Letter

Comments to NAIC on Definition of Qualified Actuary

Academy comments to NAIC’s Joint Qualified Actuary (A/B/C) Subgroup on definitions of “qualified actuary” as prescribed by the NAIC.  

Comment / Letter

Academy Letter to NAIC on Operational Risk Proposal

Letter from Academy RBC work groups to the NAIC SMI RBC Subgroup regarding the NAIC’s Dec. 9 Operational Risk Proposal.

spreadsheet for the NAIC Life Actuarial Task Force that illustrates potential nonforfeiture benefits for guaranteed lifetime withdrawal benefits contained in fixed deferred annuities based on the work group’s December 

ontained in fixed deferred annuities based on the work group’s December proposal.

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…

Comment / Letter

LPC Follow-up Comments on Rector Report

Life Practice Council comments on proposed “actuarial standard” in Report of Rector & Associates to the NAIC Principle-Based Reserving Implementation (EX) Task Force.   

Comment / Letter

Comments on Separate Account Recommendations

Separate Account Products Work Group comments on the Potential Actions/Recommendations (Document 2) exposed for comment on Nov. 18, 2013, by the NAIC Separate Account Risk (E) Working Group.