Compiling...

NAIC EXPOSURE DOCUMENT INDEX

The following is a list of documents exposed by various work groups of the NAIC to the public. For additional information regarding these and other documents, their comment periods and pending actions – please visit the appropriate Committees & Activities page.

There are no exposure drafts at this time.

See Financial Stability (EX) Task Force page for Liquidity Stress Test Framework Draft Exposure Document

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Model 275-8 Draft.pdf Adopted by the Committee Dec. 30, 2019

 

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Model 275 Draft.pdf Adopted by the Committee Dec. 30, 2019

APF 2020-02
Please send comments to Reggie Mazyck by close of business on Mar. 4, 2020.

APF 2019-62
Please send comments to Reggie Mazyck by close of business on Feb. 26, 2020.

Draft Revisions to Model #787
AG 48 with edits
Please send comments to Reggie Mazyck by close of business on Feb. 19, 2020.

APF 2019-33
Please send comments to Reggie Mazyck by close of business on Feb. 7, 2020.

APF 2019-62
APF 2019-60
APF 2019-61
Please send comments to Reggie Mazyck by close of business on Jan. 31, 2020.

AG 49 Draft Revisions
Please send comments to Reggie Mazyck by close of business on October 30, 2019.

Amendment Proposal 2019-56 Revisions to VM-51 Data Elements for AUW – Comments due to Reggie Mazyck by October 7, 2019.
APF 2019-56 Revised Data Elements VM51 (Word)
Appendix- VM51 Data Elements markup simple (Word)
Please note that a version of 2019-56 reflecting the potential adoption of edits to amendment 2018-59 will be posted when it becomes available.

There are no exposure drafts at this time.

Comments received on Jan. 28 exposure of revisions to AG49:
Academy Comments
ACLI Comments
Allianz Comments
Global Atlantic AG49 Draft
Global Atlantic Comments
Independent Proposal Comments
IUL Coalition Comments
IUL Coalition AG49 Redline
Securian/Nationwide/Penn Mutual/Prudential/Mutual of Omaha Comments
Vincent Tsang Comments

Please provide comment on the options presented on the January 28, 2020 Subgroup call (and included in the call materials) related to the Supplemental Option Budget. Comments which provide pros and cons of either option, provide an additional option, or include proposed draft revisions to Actuarial Guideline 49 would be appreciated.

Submit comments to Reggie Mazyck by Feb. 14.

There are no exposure drafts at this time.

Exposure of proposed approach to incorporating an RBC charge for longevity risk

Comments should be sent electronically to Dave Fleming by COB Thursday, May 23, 2019.

Questions for Exposure

Proposal Summary

Exposure of LR027 for VA Framework v.02.06.19
Comments should be sent electronically to David Fleming by COB Wednesday, March 6, 2019.

Re-Exposure of Proposed Revisions to Actuarial Guideline XLIII-CARVM for Variable Annuities (AG 43)
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 6, Standard Projection Requirements
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 7, Alternative Methodology, and associated edits to Section 3, Reserve Methodology

Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 8, Scenario Generation
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Re-Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Sections 1 through 5
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Definitions of Terms in Requirements (VM-01)
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 9
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of revised AG 43
Comments should be sent electronically to David Fleming by COB Friday November 9, 2018.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Varialble Annuities (VM-21), Sections 1 through 5
Comments should be sent electronically to David Fleming by COB Monday November 19, 2018.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Sections 11 and 12
Comments should be sent electronically to David Fleming by COB Monday November 19, 2018.

There are no exposure drafts at this time.

HMO Model Rev.pdf Draft Dated Feb. 6, 2020

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no current exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

New Limited Long-Term Care Exam Standards Chapter 26A December 11, 2019 draft for Inclusion in the Market Regulation Handbook

Comments Due Date: TBD at March 4, 2020 call

New Limited Long-Term Care Exam Standards Chapter 26A October 29, 2019 draft for Inclusion in the Market Regulation Handbook

New Farmowners Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook

The Farmowners In Force SDR and Farmowners Claims SDR were adopted by the Working Group on its Dec. 18, 2019 call.

New Farmowners Standardized Data Requests for Inclusion in the Reference Documents of the Market Regulation Handbook

Cybersecurity (EX) Task Force Referral to Market Conduct Examination Standards (D) Working Group

The following items have been tabled by the Working Group until further notice.

Proposed Market Regulation Handbook Substantive Revisions Received from the Market Information Systems Research and Development (D) Working Group 7-12-16

Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the Market Regulation Handbook
Aug. 10, 2015 Draft

Draft New Health Reform Market Conduct Examination Standards for Nondiscrimination for inclusion in the Market Regulation Handbook
Aug. 3, 2015 Draft

Section D. Standards of Chapter 14-Sampling of the Market Regulation Handbook 9/18/14

 

There are no exposure drafts at this time.

Antifraud Plan Guideline

The Antifraud Technology (D) Working Group is assessing whether changes should be made to the April 2011 Antifraud Plan Guideline developed by the Antifraud (D) Task Force. The Working Group is asking for comment/suggestions by Friday, January 10, 2020.

NAIC 2009 Antifraud Guideline

There are no exposure drafts at this time.

Relocated from the Producer Licensing (EX) Working Group page

Limited Lines - Pet Insurance

During the 2016 Fall National Meeting the Producer Licensing (EX) Working Group received a presentation from Nationwide Insurance regarding Limited Line Pet Insurance. The presentation provides a proposal from Nationwide Insurance asking that the Working Group revise the Uniform Licensing Standards - #37 Standards for Non-Core Limited Lines to remove Pet Insurance as a limited line. An open comment period concerning this proposal was distributed with a deadline of January 20th. Comments received can be found listed below. The Working Group will discuss the comments and determine appropriate direction for this proposal.

Comments:

NAIC CE Classroom Course Recommendation
(Adopted by PLWG on May 16, 2016)


State Licensing Handbook

The Producer Licensing (EX) Working Group extended the biennial review of the handbook so Working Group members could review all 30 chapters for any additional revisions.

Please note: The Table of Contents and Appendix were pulled from the draft document as they are not confirmed until revisions have been adopted. In addition, any technical edits will not be shown in the draft document. All technical edits will be completed at the NAIC prior to publication.

Below is the adopted revisions to the Handbook adopted by the Producer Licensing (EX) Task Force. The revisions will be presented to the EX Committee at the 2016 Spring NAIC National Meeting.

Revisions:

During the 2015 Fall National Meeting the Uniform (EX) Subgroup presented the Producer Licensing (EX) Working Group with a draft of the CE Classroom Course Recommendations. The comment period has been opened until December 11, 2015. The Working Group will hold a conference call prior to the 2016 Summer NAIC National Meeting to discuss and potentially adopt.

State Licensing Handbook Review

The Producer Licensing Uniformity (D) Working Group has been given the charge to review the State Licensing Handbook. In order to complete this charge by the Fall National Meeting, the Working Group will be conducting the review chapter by chapter.  The Working Group will split out the review process into sections consisting of five chapters for each review period.  The chapters for review and the deadline for comment on each can be found attached below.  Any comments received will be posted as they are received.

The Working Group will hold multiple conference calls to complete the review process. The conference call dates and registration link for each conference call has posted below. The Working Group will review each chapter and adopt revisions before moving to the next.  The goal is for the Working Group to present the updated version of the handbook to the Producer Licensing (D) Task Force by the end of October.

     CONFERENCE CALL DATES                                    REGISTRATION LINKS

CHAPTERS & DEADLINES

COMMENTS RECEIVED:

Chapters 1 – 5

Chapters 6-10

Chapters 11-15

Chapters 16-20

Chapters 21-25

  • No comments at this time.

Chapters 26-30

REDLINED CHAPTERS:

 


NAIC Uniform Application

The NAIC Uniform Applications were adopted by the Market Regulation and Consumer Affairs (D) Committee at the 2018 NAIC Summer National Meeting. At this time the applications have not been presented to the NAIC Executive Committee pending an additional review and discussion of the revisions.

Continuing Education Reciprocity Agreement

The Working Group is reviewing the Continuing Education Reciprocity (CER) Agreement. The NAIC's General Counsel has advised that a revision of the agreement would not be feasible due to the date of the CER Agreement and inaccurate/dated information it contains. The decision is that the Working Group will create a new CER Agreement. The first draft of the 2019 CER Agreement was exposed on March 29, 2019. The Working Group will continue to review and accept comment until the Agreement has been fully reviewed and a uniform decision has been adopted.

Draft 1 - Version 3.29.19

Comments Received By 4.16.19

Summary of Changes Made during the 4.16.19 Conference Call

Draft 2 – Version 4.17.19

Comments Received (Deadline for Draft 2)

Draft 2 – Version 5.15.19

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

The attached DRAFT letter to the chair of the Group Solvency Issues Working Group is exposed for comment until COB Monday, February 17th. Please send comments to Dan Daveline.

The following document is exposed for a 30-day comment period ending March 11th. All comments should be sent via email to bjenson@naic.org

NAIC Staff Summary of ComFrame Gap Analysis

 

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Blanks (E) Working Group
Items Received for Comment

Last Updated January 17, 2020

Please address comment letters to Jacob Garn, Chair of the Blanks (E) Working Group, and direct to Mary Caswell and Calvin Ferguson.

Ref No. Description Comment Deadline
2019-25BWG Modify the instructions for Column 10, Schedule F, Part 3 – Property and Schedule F, Part 2 – Life/Fraternal Workers’ Compensation Carve-out supplement, removing instruction to exclude adjusting and other reserves from the column. Add instructions to include those with the defense and cost containment reserves. Add a new instruction for Column 12 for the same schedules. Add crosschecks to Schedule P, Part 1. 2/21/2020
2019-28BWG Modify the instruction for Supplemental Investment Risk Interrogatories Lines 13.02 through 13.11 clarifying when to identify the actual equity interests within a fund and aggregate those equity interests for determination of the ten largest equity interests. 2/21/2020
2019-29BWG Modify the instruction and blank for Supplemental Investment Risk Interrogatories Question 14.01. 2/21/2020
2019-30BWG Add a category and instructions for Reciprocal Jurisdiction Companies in Schedule S for the life/fraternal and health blanks and to Schedule F for the property and title blanks. Add a list of identification numbers in instructions to Schedule Y, Part 1A, Schedule Y, Part 2 and Schedule D, Part 6, Section 1 for Reciprocal Jurisdiction Companies. Add a reference to Reciprocal Jurisdiction Companies in the Trusteed Surplus Statement instructions for life/fraternal, health and property statements. 2/21/2020
2020-01BWG Add crosschecks to Lines 13 and 14 of the State Page to Lines 10 and 11 of the Underwriting and Investment Exhibit, Part 1. Also add crosschecks to Lines 9, 10 and 11 of the Underwriting and Investment Exhibit, Part 1 and Schedule T, Line 61. 2/21/202
2020-02BWG

Modify the instruction and illustration for Note 10L. The illustration will not be data captured.

2/21/202
2020-03BWG

Modify the instruction and illustration for 13(11) to the Notes to Financial Statement. Change the numbering from 1 through 11 to A through M.

2/21/202
2020-04BWG

Modify the instruction and illustration for Note 23A – Unsecured Reinsurance Recoverables.

2/21/202
2020-05BWG

Modify the instruction and illustration for Note 2 – Accounting Changes and Correction of Errors.

2/21/202
2020-06BWG

Modify the instruction and illustration for Note 19 on MGAs and TPAs.

2/21/202
2020-07BWG

Add new disclosure Note 23 – Reinsurance for reinsurance credit (23H – Life/Fraternal, 23E Health and 23K Property).

2/21/202
2020-08BWG

Add a disclosure instruction for 10C to the Notes to Financial Statement for related party transactions not captured on Schedule Y. Combine existing 10C into 1B instructions and illustration narrative.

2/21/202

 

 

Exposure Drafts Outstanding
Statutory Accounting Principles (E) Working Group
Last Updated 12/11/2019

Please address comment letters to Dale Bruggeman, Chair of the Statutory Accounting Principles (E) Working Group, and direct to Julie GannRobin Marcotte, Jim PinegarFatima Sediqzad and Jake Stultz.

SUBSTANTIVE AND NONSUBSTANTIVE EXPOSURES
Ref No. Issue Paper/ SSAP No./ Appendix Title Description
EXPOSURES with COMMENT DEADLINE of DECEMBER 20, 2019
2019-44EP

SSAP No. 62R

Other SSAPs

AP&P Editorial Process Exposed Editorial Revisions
EXPOSURES with COMMENT DEADLINE of JANUARY 31, 2020
2018-26

SSAP No. 5R

SSAP No. 97

SCA Loss Tracking – Accounting Guidance Exposed revisions expand guidance regarding financial guarantees and the use of the equity method for when losses exceed an SCA’s equity value. With these revisions, the equity value of an SCA would not go negative, and guarantee liabilities would be reported to the extent that there is a financial guarantee or commitment. The “Illustration of the Application of INT 00-24” will be inserted into SSAP No. 97 as Exhibit F.
2018-38 SSAP No. 55 Prepaid Providers Exposed revisions separate the guidance by product type and emphasize guidance that loss and loss adjusting expense liabilities are established regardless of payments to third parties (except for capitated health claim payments). The revisions emphasize existing guidance that claims that related liabilities are not recognized as paid until the losses are paid to claimants or claims are adjusted.
2019-04

SSAP No. 32

Issue Paper

Investment Classification Project – Preferred Stock Exposed a revised issue paper and a draft substantively-revised SSAP to revise the guidance for preferred stock under the Investment Classification Project.
2019-08

SSAP No. 51R

SSAP No. 52

Reporting Deposit-Type Contracts Exposed revisions include footnote excerpts in the reporting exhibits to aggregate deposit-type contracts captured in Exhibit 5 – Life Contracts and an inquiry as to whether a similar footnote would be beneficial for Exhibit 6 – Accident and Health Contracts. Additionally, feedback regarding instruction clarifications for Exhibit 7 – Deposit-Type Contracts has been requested.
2019-12 SSAP No. 68 ASU 2014-17, Pushdown Accounting Re-exposed agenda item to allow additional time for specific examples of pushdown accounting to be provided by interested parties, as well as consider comments received on pushdown.
2019-14 SSAP No. 97 Attribution of Goodwill Re-exposed the agenda item requesting comments on the proposed disclosure for the “assignment” of goodwill.
2019-20

SSAP No. 2R

SSAP No. 103R

Rolling Short-Term Investments Exposed revisions incorporate additional principle concepts in classifying investments as cash equivalents or short-term investments to prevent the “rolling” of certain investments. Revisions from the prior exposure exclude qualifying cash pools from the short-term rolling restrictionsprovisions. Comments are requested on specific items detailed in the agenda item.
2019-24 SSAP No. 71 Levelized and Persistency Commission Exposed revisions include additional NAIC staff modifications regarding persistency commission and levelized commission arrangements to address certain comments received.
2019-25 SSAP No. 105 WCFI Exposed a substantively-revised draft SSAP to incorporate industry proposed revisions to WCFI program requirements.
2019-32 SSAP No. 97 Look-Through with Multiple Holding Companies Exposed revisions clarify that a more-than-one holding company structure is permitted as a look-through if each of the holding companies within the structure complies with the requirements in SSAP No. 97.
2019-33 SSAP No. 25 SSAP No. 25 – Disclosures Exposed revisions data-capture existing disclosures currently completed in a narrative format.
2019-34 SSAP No. 25 Related Parties, Disclaimer of Affiliation and Variable Interest Entities Exposed revisions clarify the types of entities that are included as related parties, that a non-controlling ownership interest greater than 10% is a related party and subject to the related party disclosures, the guidance for disclaimers of affiliation, and control for statutory accounting. The revisions also reject seven ASUs for statutory accounting. The exposure includes an intent to dispose agenda item 2011-16, which is a historical item drafted to consider the SSAP No. 25 definition.
2019-35

SSAP No. 51R

SSAP No. 52

SSAP No. 61R

Update Withdrawal Disclosures Exposed revisions propose minor edits to the liquidity disclosures regarding withdrawal characteristics for life and deposit-type contracts to match noted reporting clarifications.
2019-36

SSAP No. 51R

SSAP No. 53

SSAP No. 54R

SSAP No. 59

Expanded MGA and TPA Disclosures Exposed revisions expand managing general agent and third-party administrator disclosures.
2019-37 SSAP No. 41R Surplus Notes – Enhanced Disclosures Exposed revisions provide enhanced disclosures to identify when an issued surplus note’s anticipated or typical cash flows have been partially or fully offset by a held asset.
2019-38 SSAP No. 86 Financing Derivatives Exposed revisions clarify the reporting of derivatives with financing premiums. The reporting revisions propose to allow the present value of the derivative premium receivable (and payable) for financed derivatives to be factored into the counterparty risk assessment for life RBC. Comments are also requested on topics detailed in the agenda item.
2019-39 SSAP No. 86 Acceptable Collateral for Derivatives Exposed revisions clarify that the fair value of collateral received or held, for derivative disclosure purposes, shall be reported net of collateral paid/pledged, in the event a counterparty has the legal right to offset against.
2019-40 SSAP No. 53 Reporting of Installment Fees and Expenses Exposed revisions clarify that the installment fee guidance should be narrowly applied. Comments are requested on how related installment fee expenses as detailed in the agenda item.
2019-41 SSAP No. 43R SSAP No. 43R – Financial Modeling Exposed revisions eliminate the multi-step financial modeling designation guidance in determining final NAIC designations for residential mortgage-backed securities (RMBS)/commercial mortgage-backed securities (CMBS) securities.
2019-42 SSAP No. 2R Cash Equivalent – Cash & Liquidity Pools Exposed revisions specify that cash pooling structures that meet specified criteria qualify as cash equivalents.
2019-43

SSAP No. 5R

SSAP No. 72

ASU 2017-11, Earning Per Share, Distinguishing Liabilities from Equity, Derivatives & Hedging Exposed revisions reject ASU 2017-11 and incorporate guidance for when certain freestanding instruments shall be recognized as liabilities and not equity.
2019-45 SSAP No. 101 ASU 2013-11, Income Taxes – Presentation of Unrecognized Tax Benefits Exposed revisions reject ASU 2013-11 for statutory accounting.
2019-46 Appendix D ASU 2016-14, Presentation of Financial Statements for Not-for-Profit Entities Exposed revisions reject ASU 2016-14 as not applicable to statutory accounting.
2019-47 SSAP No. 3

SSAP No. 51R
VM21 Grading Exposed revisions add reference, disclosures and accounting for Section 21 of VM-21, Requirements for Principle-Based Reserves for Variable Annuities, grade-in requirements for reporting changes in the valuation basis for years beginning Jan. 1, 2020.
2019-48 SSAP No. 62R Disclosure Update for Reciprocal Jurisdiction Reinsurers Exposed revisions incorporate disclosure updates for reinsurers from reciprocal jurisdictions.
2019-49 SSAP No. 62R Retroactive Reinsurance Exception Exposed agenda item with a request for comments on the preferred approaches for reporting retroactive contracts that meet the exception for prospective accounting and the disadvantages to approaches being used. Industry and state insurance regulator volunteers are requested to assist with developing guidance to clarify both the accounting and reporting for retroactive contracts which are accounted for prospectively.

The following proposal is exposed for a 45-day comment period ending Feb. 14th. All comments should be sent via email to jbarr@naic.org

2019-16-CA Bond Structure Exposure

The following proposal is exposed for a 32-day comment period ending March 16. All comments should be sent via email to cbrown@naic.org.

Health Test Language

There are no exposure drafts at this time.

Exposure of Proposed C-3 Guidance
Comments should be sent electronically to Dave Fleming by COB Friday, February 7th 2020.

Exposure of Proposed C-3 Instruction Changes
Comments should be sent electronically to Dave Fleming by COB Friday, February 7th 2020.

Implementing a Risk Charge for Longevity in the Life and Fraternal Risk-Based Capital Formula
Alternative Presentation that Includes Covariance
Comments should be sent electronically to Dave Fleming by COB Friday, February 7th 2020.

Potential Further Work on Life Growth Operational Risk
Comments should be sent electronically to Dave Fleming by COB Wednesday, November 20, 2019.

Exposure of a proposal to update the RBC charge for unaffiliated common stock supporting long-horizon contractual commitments.
Comments should be sent electronically to Dave Fleming by COB Friday, September 20, 2019.

Re-exposure of 2019-10-L
Comments should be sent electronically to Dave Fleming by COB Friday, June 13, 2019.

Re-exposure of 2019-10-L
Comments should be sent electronically to Dave Fleming by COB Friday, May 31, 2019.

Exposure of proposed changes to the life RBC instructions as recommended by the Variable Annuities Capital and Reserve (E/A) Subgroup
Comments should be sent electronically to Dave Fleming by COB Tuesday, May 7, 2019.

Re-exposure of 2018-18-L with comments specifically requested on LR024 and LR026

Comments should be sent electronically to Dave Fleming by COB Thursday, May 9.

2018-11-L-Life RBC Tax Proposal
Please send comments to Dave Fleming by the close of business, June 5, 2018. (Please consider whether a printed copy in its entirety is needed as there are 161 pages in the document.)

Asset Valuation Reserve Proposal

2017 to 2018 Comparison

Worksheet Showing Factors:

AVR RBC 2017 and Proposed 2018 Factors

Please send comments to Dave Fleming by the close of business, June 5, 2018.

Exposure Drafts Still Open For Consideration with Comment Received:

Please send any comments on the exposure drafts to Dave Fleming.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

As discussed on its 9/12/19 conference call, the Technical Group agreed to expose the following revisions to Handbook guidance for a 30-day comment period ending October 14, 2019.

  • Troubled Insurance Companies
  • Management Letters
  • Exhibit V – Overarching Prospective Risk Assessment
  • Exhibit AA – Summary Review Memorandum

Please see the document attached for the exposed items. A cover sheet has been included assist in determining the location of the each revision within the document. These documents will also be available on the Technical Group’s webpage. Submit comments to Bailey Henning.  

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

On February 5, 2020, the Reinsurance (E) Task Force exposed a memorandum and supporting documents providing a comparison between the Term and Universal Life Insurance Reserve Financing Model Regulation (#787) and Actuarial Guideline XLVIII (AG 48). Specifically, the memorandum requests comments on whether compliance with AG 48 should be considered to be “substantially similar” to Model #787 under the NAIC Financial Standards and Accreditation Program. The public comment period deadline is February 26, 2020, and comments should be directed to NAIC support staff Jake Stultz and Dan Schelp.

On December 8, 2019, the Reinsurance (E) Task Force exposed draft revisions to the NAIC Annual Statement Instructions and Annual Statement Blanks to incorporate reporting for Reciprocal Jurisdiction Reinsurers. This will be exposed concurrently with a formal exposure of item 2019-30BWG by the Blanks (E) Working Group on December 17, 2019, with an expected public comment deadline of February 21, 2020. Comments should be directed to NAIC support staff Jake StultzDan Schelp, Mary Caswell and Calvin Ferguson.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

The following documents have been re-exposed for a public comment period ending Friday, November 8, 2019. Please send comment letters to Becky Meyer bmeyer@naic.org:

At the 2019 Summer National Meeting, the Risk Retention Group (E) Task Force exposed the following documents for a public comment period ending Friday, September 6, 2019. Please send comment letters to Becky Meyer at bmeyer@naic.org.

Exposure of proposed approach to incorporating an RBC charge for longevity risk

Comments should be sent electronically to Dave Fleming by COB Thursday, May 23, 2019.

Questions for Exposure

Proposal Summary

Exposure of LR027 for VA Framework v.02.06.19
Comments should be sent electronically to David Fleming by COB Wednesday, March 6, 2019.

Re-Exposure of Proposed Revisions to Actuarial Guideline XLIII-CARVM for Variable Annuities (AG 43)
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 6, Standard Projection Requirements
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 7, Alternative Methodology, and associated edits to Section 3, Reserve Methodology

Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 8, Scenario Generation
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Re-Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Sections 1 through 5
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Definitions of Terms in Requirements (VM-01)
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Section 9
Comments should be sent electronically to David Fleming by COB Tuesday, January 22, 2019.

Exposure of revised AG 43
Comments should be sent electronically to David Fleming by COB Friday November 9, 2018.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Varialble Annuities (VM-21), Sections 1 through 5
Comments should be sent electronically to David Fleming by COB Monday November 19, 2018.

Exposure of Proposed Revisions to Requirements for Principle-Based Reserves for Variable Annuities (VM-21), Sections 11 and 12
Comments should be sent electronically to David Fleming by COB Monday November 19, 2018.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

 

 

 

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