Financial-reporting-related reports to the NAIC
Here are comments, analysis, and other types of Academy reports sent to the NAIC on topics related to financial reporting or risk management. The most recent reports are listed first.
Comments on a draft NAIC model act concerning corporate governance for risk management (November 2007)
Presentation for NAIC work group on international solvency and accounting issues (August 2007)
FRC comment on IAA PG measurement contracts (March 2005)
FRC comment on IAA PG current estimates (March 2005)
FRC comment on IAA PG actuarial practice (March 2005)
Progress report on developing trend tests for P/C and health RBC (December 2003)
A letter accepting an NAIC request to make recommendations on possible trend tests for casualty and health RBC (Sept. 5, 2003)
Supplement to a February 2002 comparison of the three NAIC RBC formulas (March 3, 2003)
An updated comparison of the NAIC's life, P/C, and health RBC formulas (Feb. 12, 2002)
Comment letter on insurance risks and banking risks (Dec. 9, 2001)
Comments on SSAP 54 (Aug. 29, 2001)
A comment letter on proposed changes to the Accounting Practices and Procedures Manual (May 18, 2001)
A primer on fair value issues (PowerPoint), with a summary (PowerPoint) of a recent CAS research paper on fair value (December 2000)
Report with balance sheets and income statements for a hypothetical company under UVS and statutory valuation rules (September 2000)
Progress report on reviewing elements of the HORBC formula (September 2000)
Presentation on viability analysis, with appendices (June 2000)
Review of RBC for assets (Feb. 4, 2000)
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