• NAIC Fall 2015 National Meeting recap

    At the Fall Meeting the NAIC Statutory Accounting Principles (E) Working Group (SAPWG) adopted several nonsubstantive revisions to statutory accounting and exposed various substantive and nonsubstantive revisions.
  • NAIC provides additional ORSA feedback to industry

    Overall, the 2015 Working Group memo indicated that the depth and breadth of the content of the ORSA reports varied significantly from company to company, and that the ORSA reports of life insurers generally demonstrated more mature ERM and capital management frameworks than those of property-casualty and health insurers.
  • NAIC Summer 2015 National Meeting update

    The National Association of Insurance Commissioners (NAIC) recently held its Summer 2015 National Meeting. There are several relevant items and future changes for insurance organizations to be aware of and to watch for from the Statutory Accounting Principles Working Group, Blanks Working Group, Investment Classification Project, and Investment Risk Based Capital Working Group.