- Financial Condition (E) Committee
- Accounting Practices and Procedures (E) Task Force
- Blanks (E) Working Group
- Statutory Accounting Principles (E) Working Group
- Capital Adequacy (E) Task Force
- Health Risk-Based Capital (E) Working Group
- Investment Risk-Based Capital (E) Working Group
- Life Risk-Based Capital (E) Working Group
- Longevity Risk (A/E) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
- Property and Casualty Risk-Based Capital (E) Working Group
- Catastrophe Risk (E) Subgroup
- Examination Oversight (E) Task Force
- Electronic Workpaper (E) Working Group
- Financial Analysis Solvency Tools (E) Working Group
- Financial Examiners Coordination (E) Working Group
- Financial Examiners Handbook (E) Technical Group
- IT Examination (E) Working Group
- Financial Analysis (E) Working Group
- Group Capital Calculation (E) Working Group
- Group Solvency Issues (E) Working Group
- ORSA Implementation (E) Subgroup
- Long-Term Care Insurance (E/B) Task Force
- Mortgage Guaranty Insurance (E) Working Group
- NAIC/AICPA (E) Working Group
- National Treatment and Coordination (E) Working Group
- Biographical Third-Party Review (E) Subgroup
- Receivership and Insolvency (E) Task Force
- Receivership Financial Analysis (E) Working Group
- Receivership Large Deductible Workers' Compensation (E) Working Group
- Receivership Model Law (E) Working Group
- Reinsurance (E) Task Force
- Qualified Jurisdiction (E) Working Group
- Reinsurance Financial Analysis (E) Working Group
- Restructuring Mechanisms (E) Working Group
- Restructuring Mechanisms (E) Subgroup
- Risk-Focused Surveillance (E) Working Group
- Risk Retention Group (E) Task Force
- Valuation Analysis (E) Working Group
- Valuation of Securities (E) Task Force
- Variable Annuities Issues (E) Working Group
2020 Proposed Charges
The Group Capital Calculation (E) Working Group will:
- Construct a U.S. group capital calculation (GCC) using a RBC aggregation methodology. Complete by the 2020 Summer National Meeting.
- Provide direction to the Group Solvency Issues (E) Working Group on appropriate changes to existing authority or existing regulatory guidance related to the GCC. Complete by the 2020 Fall National Meeting.
- Liaise, as necessary, with the International Insurance Relations (G) Committee on international group capital developments and consider input from participation of U.S. state insurance regulators in the International Association of Insurance Supervisors (IAIS) monitoring process.
- Continually review and monitor the effectiveness of the GCC and consider revisions, as necessary, to maintain the effectiveness of its objective under U.S. solvency system.
2019 Charge
The Group Capital Calculation (E) Working Group will:
- Construct a U.S. group capital calculation using a risk-based capital (RBC) aggregation methodology; liaise as necessary with the ComFrame Development and Analysis (G) Working Group on international capital developments and consider group capital developments by the Federal Reserve Board, both of which may help inform the construction of a U.S. group capital calculation.
Conference Call
Wednesday, October 30, 2019
11:00 AM ET, 10:00 AM CT, 9:00 AM MT, 8:00 AM PT
Expected Length of Call: 1 hr
The purpose of the call is to adopt 1) a revised memorandum on debt; 2) a model law request development form for the GCC.
2019 Summer National Meeting America's Hall II - 4th Level
New York
Group Capital Calculation (E) Working Group
Saturday, August 03, 2019
8:00 AM - 9:00 AM ET
Proposed Group Capital Calculation (GCC)
2019 Field Testing Kick-off Presentation
2019 GCC Field Test Instructions (Clean)
2019 GCC Field Test Instructions (Marked)
2019 GCC Field Test Q&A 8/2/19
Contacts
Media Inquiries
(816) 783-8909
news@naic.org
Dan Daveline
Director, Financial Regulatory Services
816.783.8134
Lou Felice
Health and Solvency Policy Advisor
212.386.1956
Please see the current Committee List for a complete list of committee members.