Agenda

This session will present the current state of the Life and P/C sectors, with a focus on the economic environment, including the impact of both inflation and the low interest rate environment, and the products most impacted by such factors.

This session will discuss current Form A requirements and the review of application and the post-acquisition section of the Form A database.

Hear a panel of experts discuss the growing and evolving realm of cyber insurance.

This session will cover hot topics being discussed at the International Association of Insurance Supervisors including, but not limited to, Insurance Capital Standard (ICS) comparability, work on climate disclosures, and liquidity metrics.

This session will cover exciting recent enhancements to NAIC solvency tools, as well as preview coming changes that will overhaul and improve many other existing solvency monitoring tools including the Financial Profile Report, Handbook Repositories and Scoring System.

Accreditation has been regarded as the cornerstone of successful financial oversight at the state level. Join us as we learn how the program came to be, what makes up the building blocks of the program and why the foundation it sets is so important to state-based regulation.

This session will discuss current work streams involving complex structured securities and reliance on ratings, including efforts of the RBC Investment Risk and Evaluation (E) Working Group, Valuation of Securities (E) Task Force, and the Statutory Accounting Principles (E) Working Group.

This session will discuss the new electronic format of the UCAA database, with a demonstration of the primary application.

This session will focus on recent changes to the Financial Analysis Handbook and cover sound practices in conducting risk-focused analysis.

This session will present the recent trends in state requests for preliminary analysis reports (prelims) and discuss valuable observations and insights gained from last year’s 77 prelims. The session will also reflect on progress achieved, lessons learned, and remaining concerns as new ideas and opportunities are explored.

This session will discuss the impact that climate events, such as wildfires and hurricanes, are having on the property insurance marketplace, including specifically the impact on reinsurers underwriting and risk management practices.

This session will include updates on the changes adopted to each of the RBC formulas for 2022. This session will also include a discussion of the items under consideration for future enhancements and changes to the formulas, such as interest rate and market risk, underwriting Risk, and investment risk.

As markets have become more complex and insurers have increased their involvement in different asset classes, the process of assessing the risk of different investments and investment practices have become a more complex and involved process in the different phases of a financial exam. This session will highlight approaches that examiners may use to drill down into a few emerging asset classes in order to identify what underlying risks present the most significant concern to an insurer's investment portfolio. The session will also have an open discussion on where additional guidance may be beneficial, including what may be appropriate for the Exam or Analysis Handbooks.

In 2021, the IAIS published a report to identify climate affected investment in insurer investment portfolios from a global perspective. This session will discuss the U.S. specific results from this report and details related to the methodology employed to develop them.

This session from 2022 NAIC Research Fellow Dr. Kyeonghee Kim explores her project studying the impact of sea level rise risk on insurers’ commercial real estate mortgage lending decisions.

The pace of change for technology deployment in the insurance industry continues to accelerate, with a consequence of the pandemic being a need for companies to respond to changes in market conditions and customer expectations. These changes have altered investment priorities, focused attention on modernization and led to a shortening of the useful life for technology, creating a more dynamic and complex environment to be successfully navigated, and regulated. This session will summarize these trends and address some of the opportunities, and challenges, emerging across different lines of business.

This session will cover private equity, risk assessment and liquidity.

There is a lot of discussion that goes on during an accreditation review. We invite you to join us as we discuss the thought processes and discussions that happen in the room when the interviews are finished. Bring your questions and your experiences, lets discuss the rumors and myths and find out what accreditation reviews teams really mean and how conclusions are reached.

This session will discuss the proposed principles-based bond definition and the assessment to determine whether investments qualify as either issuer credit obligations or asset backed securities. This session will include an exercise to review example investments for classification purposes.

The NAIC’s Center for Insurance Policy and Research (CIPR) has developed a proposal to establish a Catastrophe Modeling Center of Excellence (COE). The purpose of the COE is to provide model documentation, education and training, as well as conduct applied research using catastrophe models to address regulatory climate risk and resilience priorities. This session will provide an update on the CAT model COE developments as well as walk regulators through the permissioned resource. Hands-on learning activities will be conducted

Come to this session to get your annual update on changes to the Financial Condition Examiners Handbook (SOFE credential requirement).

This session will discuss the importance of coordination between regulators and guaranty fund staff when dealing with companies headed toward receivership and liquidation. Best practices in communication and information sharing will be identified and discussed.