- 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
- Life Risk-Based Capital (E) Working Group
- Longevity Risk (E/A) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
- Property and Casualty Risk-Based Capital (E) Working Group
- Catastrophe Risk (E) Subgroup
- Risk-Based Capital Investment Risk and Evaluation (E) Working Group
- 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
- Information Technology (IT) Examination (E) Working Group
- Financial Analysis (E) Working Group
- Financial Stability (E) Task Force
- Macroprudential (E) Working Group
- Group Capital Calculation (E) Working Group
- Group Solvency Issues (E) Working Group
- Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup
- Mortgage Guaranty Insurance (E) Working Group
- Mutual Recognition of Jurisdictions (E) Working Group
- NAIC/American Institute of Certified Public Accountants (AICPA) (E) Working Group
- National Treatment and Coordination (E) Working Group
- Receivership and Insolvency (E) Task Force
- Receiver’s Handbook (E) Subgroup
- Receivership Financial Analysis (E) Working Group
- Receivership Law (E) Working Group
- Reinsurance (E) Task Force
- 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
2022 Adopted Charges
The Mutual Recognition of Jurisdictions (E) Working Group will:
- Oversee the process for evaluating jurisdictions and maintain a listing of jurisdictions that meets the NAIC requirements for recognizing and accepting the NAIC GCC.
- Maintain the NAIC List of Qualified Jurisdictions and the NAIC List of Reciprocal Jurisdictions in accordance with the Process for Evaluating Qualified and Reciprocal Jurisdictions.
There are no call materials at this time.
Process for Evaluating Jurisdictions that Recognize and Accept the Group Capital Calculation
On December 16, 2021, the NAIC Executive (EX) Committee and Plenary adopted the Process for Evaluating Jurisdictions that Recognize and Accept the Group Capital Calculation.
Process for Evaluating Qualified and Reciprocal Jurisdictions
On August 17, 2021, the NAIC Executive (EX) Committee and Plenary adopted revisions to the Process for Evaluating Qualified and Reciprocal Jurisdictions to incorporate provisions for terminating the status of a qualified jurisdiction or reciprocal jurisdiction and create a passporting process for reciprocal jurisdictions.
ReFAWG Review Process for Passporting Certified and Reciprocal Jurisdiction Reinsurers
On December 16, 2021, the NAIC Executive (EX) Committee and Plenary adopted the ReFAWG Review Process for Passporting Certified and Reciprocal Jurisdiction Reinsurers to clarify the passporting processes for both certified reinsurers and reciprocal jurisdiction reinsurers.
NAIC List of Reciprocal Jurisdictions
Summary of Findings and Determination for Reciprocal Jurisdictions
- Bermuda: Bermuda Monetary Authority (BMA)
- Japan: Financial Services Agency (FSA)
- Switzerland: Financial Market Supervisory Authority (FINMA)
NAIC List of Qualified Jurisdictions
Summary of Findings and Determination for Qualified Jurisdictions
- Bermuda: Bermuda Monetary Authority (BMA)
- France: Autorité de Contrôle Prudentiel et de Résolution (ACPR)
- Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Ireland: Central Bank of Ireland
- Japan: Financial Services Agency (FSA)
- Switzerland: Financial Market Supervisory Authority (FINMA)
- United Kingdom: Prudential Regulation Authority of the Bank of England
Contacts
Media Inquiries
(816) 783-8909
news@naic.org
Dan Schelp
Chief Counsel, Regulatory Affairs
816.783.8027
Jake Stultz
Sr. Accounting and Reinsurance Policy Advisor
816.783.8481
Olivea Myers
Legal Counsel
816.783.8028
Please see the current Committee List for a complete list of committee members.