RMFRC Reports to the NAIC

Solvency Committee comments to the NAIC and IAA on the IAIS ComFrame paper concerning the relationship beween IAIGs and supervisors and the framework for supervisors to address group-wide activities and risks. (July 27, 2012)
ERM Committee responds to the NAIC on its draft, Own Risk and Solvency Assessment (ORSA) Model Act regarding the ORSA requirements and exemptions from the requirements, specifically the treatment of captive insurers. (May 11, 2012)
Public policy practice groups comments to the NAIC on its draft white paper on the Solvency Modernization Initiative and insurance regulation offering suggestions encompassing RBC, ORSA, and NAIC model laws. (April 30, 2012)
ERM Committee comments on wording suggestions to the NAIC on its Own Risk and Solvency Assessment (ORSA) Guidance Manual recognizing the model risk for insurers. (October 28, 2011)
DTA Bridge Group letter to the NAIC relating to the SSAP No. 101 - Income Taxes, A Replacement of SSAP No. 10R and SSAP No. 10 recently adopted by the NAIC’s Statutory Accounting Principles Working Group. (October 25, 2011)
Reinsurance Subcommittee comments to the NAIC on the actuarial requirements stated in the "Exposure Draft of the Credit for Reinsurance Model Law and Regulation." (September 1, 2011)
ERM Committee comments to the NAIC on its Own Risk and Solvency Assessment (ORSA) Guidance Manual supporting its view that the manual offers ORSA guidance which focuses on the most fundamental components of a strong ERM framework. (August 25, 2011)
Solvency Committee comments to the NAIC on its ComFrame Concept Paper Draft US Responses and supports the position that the modules should be outcome-oriented rather than prescriptive. (August 15, 2011)
Solvency Committee input to the NAIC on the recently revised International Association of Insurance Supervisors paper, Insurance Core Principle 14: Valuation for Solvency Purposes. (May 18, 2011)
ERM Committee comments to the NAIC on its U.S. Own Risk and Solvency Assessment (ORSA) Proposal. (March 18, 2011)
Solvency Committee and ERM Subcommittee comments to NAIC on its Group Capital Assessment Options Paper. (October 11, 2010)
ERM Committee response to the NAIC on its consultation paper on Own Risk and Solvency Assessment (ORSA) for the Solvency Modernization Initiative. (October 4, 2010)
P/C Risk-Based Capital Committee response to the NAIC's request on risk-based capital issues. (October 1, 2010)
Regulatory Capital Requirements Task Force response to questions posed in the Consultation Paper on Regulatory Capital Requirements and Overarching Accounting and Valuation Issues for the Solvency Modernization Initiative. (March 1, 2010)
ERM Subcommittee comments on the NAIC's Solvency Modernization Initiative (EX) Task Force's Consultation Paper on Corporate Governance and Risk Management. (February 26, 2010)
Risk Management and Solvency Committee comments to the NAIC on its draft paper, United States Insurance Financial Solvency Framework. (December 17, 2009)
Letter from LFSRM to LHATF on the status of review of country specific regulatory responses to the financial crisis. (December 3, 2009)
Risk Management and Solvency Committee comments to the NAIC on its paper, Non-Accounting Issues for Consideration in the Solvency Modernization Initiative. (February 4, 2009)
Risk Management and Solvency Committee comments to the NAIC on its draft memorandum, Windows and Walls Approach for Regulation of United States Based Insurers Operating within Corporate Groups. (January 29, 2009)
Life Governance Team comments on the draft Corporate Governance for Risk Management Act that was re-exposed for comment by the NAIC's Capital Adequacy Task Force. (November 7, 2007)