Risk-Based Capital

Risk-based capital issues in property and casualty actuarial practice, including its treatment by the National Association of Insurance Commissioners.

Life, Health, and Property/Casualty RBC committees joint report in response to the NAIC's request for assistance with the Solvency Modernization (SMI) project on the NAIC's Risk-Based Capital (RBC) formulas. The report discusses the intended/expected safety levels for RBC and identifies risks that are missing from the RBC formulas. (January 31, 2011)
Deferred Tax Asset Bridge Group revised report and accompanying cover letter to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life, Property/Casualty, and Health. (December 16, 2010)
P/C Risk-Based Capital Committee response to the NAIC's request on risk-based capital issues. (October 1, 2010)
Casualty Practice Council request for research assistance from the Casualty Actuarial Society in conjunction with its efforts to aid the National Association of Insurance Commissioners with its RBC SMI project. (September 30, 2010)
Deferred Tax Asset Bridge Group final report to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life, Property/Casualty, and Health. (September 30, 2010)
Property and Casualty Risk-Based Capital Committee update to the National Association of Insurance Commissioners (NAIC)'s Property & Casualty Risk-Based Capital Working Group regarding the RBC Committee's prior March 2010 update of the property/casualty RBC underwriting factors. (June 22, 2010)
Property and Casualty Risk-Based Capital follow-up comments to the National Association of Insurance Commissioners (NAIC)'s Property Risk-Based Capital Working Group regarding the Committee's March 2010 update of the property/casualty RBC underwriting factors. (May 18, 2010)
P/C Risk-Based Capital Committee update to its 2007 underwriting risk factor update and related 2008 addendum to the NAIC's Property RBC Working Group. (December 9, 2008)
P/C Risk-Based Capital Committee addendum to its September 2007 report on the RBC formula's underwriting risk factors at the request of the NAIC's Property Risk-Based Capital Working Group.
(March 25, 2008)
P/C Risk-Based Capital Committee report to the NAIC's Property Risk-Based Capital Working Group on the underwriting risk charges used in the P/C RBC formula. (September 25, 2007)
P/C Risk-Based Capital Committee comments on an IAA draft concerning an RBC solvency structure. (March 14, 2002)