The Solvency Committee submitted comments to the NAIC’s Group Capital Calculation (E) Working Group on its NAIC Staff Memo – Inventory Method Items with Questions exposure draft.
( )The Solvency Committee submitted comments to the International Association of Insurance Supervisors (IAIS) on the Risk-based Global Insurance Capital Standard Version 1.0 public consultation document dated July 19, 2016.
( )The Financial Regulatory Task Force submitted comments to the Federal Reserve Board (Fed) on its proposed rule on Capital Requirements for Supervised Institutions Significantly Engaged in Insurance Activities.
The Academy released New Risk Regulators and Regulations, an Essential Elements report that highlights many of the new state, federal, and international regulators and oversight efforts that have emerged in the wake of the 2008-09 global recession. The Essential Elements series is designed to make actuarial analyses of public policy issues clearer to general audiences.
( )The Financial Regulatory Task Force submitted comments to the Federal Reserve Board (Fed) on its proposed rule on Enhanced Prudential Standards for Systemically Important Insurance Companies.
( )The ERM/ORSA Committee submitted comments to the NAIC’s National Treatment and Coordination (E) Working Group on its “Draft Form A Review Best Practices” exposure document.
The ERM/ORSA Committee provided a presentation to the National Association of Insurance Commissioners' (NAIC) ORSA Implementation (E) Subgroup on the committee's recently released ORSA and the Regulator policy paper and an ORSA risk exposures practice note.
( )The Financial Reporting Committee and the Committee on Property and Liability Financial Reporting sent a comment letter to the SEC on its concept release on the modernization of certain disclosure requirements in Regulation S-K.
( )The ERM/ORSA Committee's Risk Exposures Subgroup released a practice note on quantifying risk exposures for Own Risk and Solvency Assessment (ORSA) reports.
( )The Solvency Committee submitted comments to the NAIC's Operational Risk (E) Subgroup on its "Operational Risk 2016 Factors" exposure document.
( )The Solvency Committee submitted comments to the NAIC's Investment Risk-Based Capital (E) Working Group on its "Way Forward" exposure document.
( )The Risk Exposures Subgroup of the ERM/ORSA Committee released a new practice note, Quantifying Risk Exposures for Own Risk and Solvency Assessment Reports.
( )The Financial Reporting Committee (FRC) submitted comments to the Financial Accounting Standards Board (FASB) on its proposed accounting standards update, Fair Value Measurement (Topic 820): Disclosure Framework.
( )The Short-Duration Contracts Work Group released a new white paper, Challenges and Issues Implementing the FASB Short-Duration Contract Disclosures, for exposure comments through March 15.
( )The ERM/ORSA Committee released a public-policy overview on the role of regulatory actuaries in reviewing Own Risk and Solvency Assessment (ORSA) reports.
( )The Solvency Committee submitted comments to the International Association of Insurance Supervisors (IAIS) on the Non-traditional Non-insurance Activities and Products public consultation document dated November 25, 2015.
( )The Enterprise Risk Management/Own-Risk and Solvency Assessment Committee provided a presentation to the Financial Stability Oversight Council (FSOC) on the role actuaries play in promoting financial stability.
( )The ERM/ORSA Committee submitted comments to the International Actuarial Association (IAA) on its white paper "Actuarial Aspects of ERM for Insurance Companies."
( )The Solvency Committee submitted comments to the National Association of Insurance Commissioners on the Group Capital Calculation Recommendation exposure draft.
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