Financial reporting and solvency issues at the state level, such as NAIC-related projects on RBC, as well as emerging international solvency issues and federal regulation of insurance companies.
LTC Reserve Work Group outline of the proposed near-term and long-term objectives as they relate to the NAIC's request for the Academy to review the reserve methodology for LTC insurance. (March 7, 2003)
Health Liquidity Work Group status update to the NAIC on a set of potential ratios to be used to test for health organization liquidity. The ratios would be used in a “safe harbor” test. (December 31, 2002)
Health Liquidity Work Group status update to the NAIC on a set of potential ratios to be used to test for health organization liquidity. The ratios would be used in a “safe harbor” test. (March 31, 2002)
Joint RBC Task Force report to NAIC that compares life, P/C, and health RBC formulas to document where the formulas are substantially similar, where they differ, and the reasons for any differences that exist. (February 12, 2002)
Health Practice Financial
Reporting Committee report to the NAIC on areas of appearance of inconsistencies among the various sources of accounting guidance and industry practice or variation by legal entity. (January 31, 2002)
Report presents a recommended response for the Health RBC formula to those changes that were introduced to the 2001 Life RBC formula in accordance with recommendations made by the Academy’s Life Risk-Based Capital Committee’s Codification Subgroup. (September 30, 2001)
Asset Codification Work Group report to review certain asset-related elements of the MCO RBC (now Health RBC) formula in light of recent developments, most notably the impending introduction of the “codification” Statements of Statutory Accounting Principles. (March 26, 2001)
Disability Income Risk-Based Capital Work Group report in response to an NAIC request for the Academy to recommend the treatment and factors that should be incorporated into the Managed Care Organization Risk Based Capital (MCORBC) formula for Disability Income (DI) products. (March 2, 2001)
Task Force on HORBC comments that offer a counterproposal regarding the redesign of the Property & Equipment page. The counterproposal would achieve the objectives of attaining compliance with the new Health blank and reducing the amount of data collected, and it would leave the NAIC working group flexibility to make a change to the HCDA risk factor in 2001. (January 10, 2001)
Health Organization Risk Based Capital Task Force report to the NAIC on projects by the Health Organization Risk Based Capital Task Force. (December 31, 2000)
HORBC Asset Codification Work Group report to review certain asset-related elements of the MCO RBC formula in light of recent developments, most notably the impending introduction of the "codification” Statements of Statutory Accounting Principles. (December 31, 2000)
