RMFRC Policy Papers

Comments on Measuring Regulatory Financial Success

Solvency Committee response to an NAIC Solvency Modernization Initiative Task Force request to outline methods of measuring regulatory financial success in the U.S. insurance financial regulatory system. (November 16, 2012)

Approaches to Setting the Discount Rate for Valuation of Insurance Contracts: A Discussion Paper

International Accounting Standards Task Force discussion paper on approaches to setting the discount rate for valuation of insurance contracts drafted by December 2011. (December 19, 2011)

White Paper on Other Comprehensive Income

International Accounting Standards Task Force’s white paper on the topic “What Belongs in Other Comprehensive Income” and “How Would You Calculate It?” with respect to insurance contracts. (December 6, 2011)

On Risk Classification

The Risk Classification Work Group published “On Risk Classification” an update to the 1980 “Risk Classification Statement of Principles”. This monograph is intended to provide actuaries and other interested parties with an in-depth but accessible discussion of the concepts underlying risk classification as it is applied in all actuarial practice areas. (November 15, 2011)

Role of the Systemic Risk Regulator

Financial Regulatory Reform Task Force white paper outlines new key functions necessary for effective systemic risk regulation. (May 1, 2010)

White Paper on Discount Rates in Accounting Present Value Estimates

Financial Reporting Committee white paper and notes on the use of discount rates in accounting present value estimates. (September 15, 2009)

Concepts for Successful Regulation of Systemic Risk

Risk Management and Financial Reporting Council white paper outlines risk management requirements for effective systemic risk regulation. (April 30, 2009)