The Catastrophe Risk Subcommittee of the P/C Risk-Based Capital (RBC) Committee submitted comments to the NAIC’s Catastrophe Risk Subgroup on the proposal to revise the calculation of catastrophe risks R6 and R7 for the 2015 reporting year.

Members of the Life Practice Council and Academy Senior Life Fellow Nancy Bennett gave a presentation to the Treasury Department's Office of Financial Research (OFR) on stress testing of U.S. life insurers. The open-ended dialogue provided OFR staff an overview of how U.S.

In the June issue of HealthCheck, read about the Academy’s new issue brief which examines various proposals put forward by policymakers in response to the possibility of a Supreme Court decision in King v. Burwell that rules that Affordable Care Act (ACA) subsidies are not available to individuals in states participating in the federally facilitated marketplace.

The Financial Reporting Committee’s Profits Followed by Losses Subgroup released a practice note on accounting for profits followed by losses in long-duration contracts.