Solvency And Soundness

Soundness and solvency issues facing property and casualty insurance companies.

The Solvency Committee submitted comments to the NAIC on its revised version of a draft white paper on the Solvency Modernization Initiative and insurance regulation. (June 6, 2013)
Actuarial Soundness Task Force special report regarding the terms “actuarial soundness” and “actuarially sound” to assist in providing the profession and the general public with specific direction on the use of these terms. (May 10, 2012)
Deferred Tax Asset Bridge Group revised report and accompanying cover letter to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life, Property/Casualty, and Health. (December 16, 2010)
Deferred Tax Asset Bridge Group final report to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life, Property/Casualty, and Health. (September 30, 2010)
The Academy's Property/Casualty Financial Soundness/Risk Management Committee published a report concerning the effects of loss reserve development in the P/C industry and the role that the development of losses plays in the insolvencies of P/C insurance companies. (September 1, 2010)
Financial Soundness/Risk Management Committee report on issues related to the financial regulation of insurers, including a review of a risk-focused surveillance framework. (June 10, 2006)