Published on AmericanAcademyOfActuaries (http://www.actuary.org)

Home >

Risk Management & Financial Reporting News

Comments to Treasury on modernizing insurance regulation
The Financial Regulatory Reform Task Force responded to the Federal Insurance Office on how to modernize and improve the U.S. system of insurance regulation. (December 11, 2011)
Financial Reporting Committee sent comments to the PCAOB on its auditor's report
The Financial Reporting Committee commented on a paper by the Public Company Accounting Oversight Board (PCAOB) on the issues surrounding the auditor’s report based on recent investor feedback. The committee’s comments included a recommendation to increase disclosure and provide more detail to the auditor's reporting model. (September 30, 2011)
Comments on ORSA Guidance Manual
The ERM Committee submitted 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 31, 2011)
Comments to IAIS on ComFrame Paper
Solvency Committee comments to the International Association of Insurance Supervisor (IAIS) on its concept paper, Common Framework for the Supervision of Internationally Active Insurance Groups. These comments further address the methods of operating group-wide supervision of internationally active insurance groups. (August 31, 2011)
Comments on Own Risk and Solvency Assessment Model Act
The 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, 2011)
Source URL: http://www.actuary.org/category/site-section/public-policy/risk-management-financial-reporting/news