RMFRC Comments and Letters

Financial Reporting Committee comments to the International Accounting Standards Board regarding its revenue recognition project. (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)
Risk Management and Financial Reporting Council letter to the Senate seeking clarification on the role of the actuary in the Insurance Information Act of 2008. (July 29, 2008)
Risk Management and Financial Reporting Council letter to the House seeking clarification on the role of the actuary in the Insurance Information Act of 2008. (July 29, 2008)
Risk Margin Task Force comments to the IAA on its second exposure draft, "Measurement of Liabilities for Insurance Contracts: Current Estimates and Risk Margins." (May 28, 2008)
Financial Reporting Committee comments on the proposed International Standard on Auditing (ISA) 620, "Using the Work of an Auditor’s Expert." (February 22, 2008)
Risk Management and Financial Reporting Council and Financial Reporting Committee comments on the Treasury Department's proposed review of the U.S. financial regulatory structure. (November 19, 2007)
International Financial Reporting Standards Task Force comments to the IASB on its discussion paper, "Preliminary Views on Insurance Contracts." (November 16, 2007)
International Financial Reporting Standards Task Force response to FASB on its Invitation to Comment on FASB Agenda Proposal, "Accounting for Insurance Contracts by Insurers and Policyholders." (November 16, 2007)
Financial Reporting Committee comments to the SEC on a proposal to eliminate a requirement for reconciling IFRS financial statements with U.S. GAAP. (October 9, 2007)
Risk Management and Solvency Committee comments to the IAIS on three papers: Capital Requirements, Enterprise Risk Management for Capital and Solvency Purposes, and the Use of Internal Models by Insurers. (August 23, 2007)
Risk Margin Task Force comments to IAA on draft "Measurement of Liabilities for Insurance Contracts: Current Estimates and Risk Margins." (May 25, 2007)
Financial Reporting Committee and Actuarial Standards Board joint response to FASB on its request for comments on valuation guidance in financial reporting. (April 13, 2007)
Risk Management and Solvency Committee comments on a 2007 version of an IAIS paper regarding a common structure for insurer solvency assessment. (January 5, 2007)
Risk Management and Solvency Committee comments to the IAIS on its paper "Common Structure for the Assessment of Insurer Solvency." (November 1, 2006)
Risk Management and Financial Reporting Council letter to congressional leaders on the legislative definition of a qualified risk manager under Nonadmitted and Reinsurance Reform Act of 2006 (H.R. 5637). (September 1, 2006)
Financial Reporting Committee comments to FASB regarding Bifurcation of Insurance and Reinsurance Contracts for Financial Reporting. (August 24, 2006)
Risk Management and Solvency Committee comments to the IAA on the draft IAIS document on asset-liability management. (July 26, 2006)
Risk Management and Solvency Committee comments to the IAA on the draft IAIS document on the insurer solvency assessment. (July 26, 2006)
Risk Management and Financial Reporting Council letter to the Senate recommending that the National Insurance Act of 2006 include a provision creating an Office of the Actuary. (July 17, 2006)