NAIC EXPOSURE DOCUMENT INDEX

There are no exposure drafts at this time.

Exposure Proposed Scope Criteria for Liquidity Stress Test

Comment Letters on Scope of Insurers Subject to Liquidity Stress Test

• ACLI Liquidity Stress Testing Scope 12-17-2018

Exposure Proposed Scope Criteria for Liquidity Stress Test

Comment Letters on Scope of Insurers Subject to Liquidity Stress Test

• ACLI Liquidity Stress Testing Scope 12-17-2018

Comment Letters on Scope of Insurers Subject to Liquidity Stress Test

• ACLI Liquidity Stress Testing Comments 8-30-2018
• Liquidity Assessment Scope of Application Exposure Comments
• Academy MPTF Comment Letter on Scope Considerations

Comments due to Ani Verma and Elise Liebers by close of business Friday, August 31, 2018.

• Scope of Insurers Subject to Liquidity Stress Test

Comment Letters on Liquidity Stress Testing

• ACLI Liquidity Stress Testing Comments FINAL
• American Academy of Actuaries Liquidity Stress Testing Comments
• PRU MET MASS NYL AIG Liquidity Stress Testing Comments

Comment period open until COB Nov. 9, 2017

2018 Life Note 32 and New Note 33 CLEAN

2018 Life Note 32 and New Note 33 REDLINE

Draft Baseline Liquidity Data Blanks Proposal - Oct 12 2017 CLEAN

Draft Baseline Liquidity Data Blanks Proposal - Oct 12 2017 REDLINE

Comment Letters on Exposure Blanks Proposals

• ACLI Comments
• ACLI Tech Issues and Questions
• CEJ Comments
• Joint Comments

SPECIAL SECTION: Health Care Reform (PPACA) Implementation:
NAIC Activities | FAQ

ND Draft Anti-Rebating Bulletin 10/4/19

ND Anti-Rebating Guideline 7/23/19

OECD AI Principles
Questions for Consideration:
1. Are the Principles put forward by the OECD the right ones for the insurance industry? Is anything missing?
2. Are the Principles consistent with state laws and regulations related to general and specific consumer protections and insurance regulatory requirements?
3. Are there additional ethical issues related to AI that are not covered by these Principles?
4. How might these Principles be worded differently or modified to better serve the insurance vertical while staying at the over-arching, umbrella level as discussed by the Working Group on its call on September 5, 2019, understanding that issues related to defining terms and implementation are outside of scope at this time?

Please send written comments to Denise Matthews, dmatthews@naic.org, by October 11, 2019.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Comments on Suitability in Annuity Transactions Model Regulation revisions requested by Friday, February 15, 2019

• Model #275 Draft 11-19-18

There are no exposure drafts at this time.

7-15-19 Draft #245 Index Revisions

3-7-19 Draft #245 Index Revisions

Comments due April 26, 2019

Index History from Allianz w/ cover ltr.

3-22-19 Liftik comment w/ 3 att

PREVIOUS DRAFTS and COMMENTS

6-5-18 Draft #245 Index Revisions
Comments requested by July 1

Comments Received

• Academy Comment

Draft of Revisions to the Suitability in Annuity Transactions Model Regulation (#275), Draft Dated Sept. 17, 2019

For comment until close of business Friday, June 21, 2019

• 5-20-19 draft revisions MO 580
• 5-16-19 overview sample form only
• 5-16-19 overview sample form--filled in.

MO580 10-9-18 draft for comment by 12-10-18

Comments

CEJ 11-7-18 comments on 10-9-18 draft

7-25-18 Draft Revisions to Model #580

7-25-18 Draft Revisions to Model #582

Comments are due close of business Aug. 31, 2018

Comments Recieved

• ACLI 8-31-18 Comments
• CA 8-31-18 Comments
• Academy 8-31-18 Comments
• 9-23-18 CEJ comments

Academy Comments 11-28-18

Draft Online Life Product Grid

Mortality Improvement Smoothed Rates 2019

Individual Life Insurance Mortality Improvement Scale Recommendation-for Use with AG 38 and VM-20 

Please send comments to Reggie Mazyck by close of business on Oct. 2, 2019.

The Aggregation Method presentation from the Summer Meeting and calculation examples spreadsheet are posted on the Industry tab of the NAIC website and are accessible via the links below. Please send comments to Reggie Mazyck by September 27, 2019.

• Mortality Aggregation Presentation 2019 Summer Meeting
• Mortality Aggregation-Excel Spreadsheet

2020 GRET Recommendation Letter
Generally Recognized Expense Tables – Please send comments to Reggie Mazyck by September 9, 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.

APF 2019-47 SPA Aggregation

Please send comments to Reggie Mazyck by close of business on May 12, 2019. 

APF 2019-41

APF 2019-30

APF 2019-42

2019-42 Excel File

APF 2019-40 

Please send comments to Reggie Mazyck by close of business May 13, 2019.

APF 2019-17 
APF 2019-24 
Please send comments to Reggie Mazyck by close of business on March 25, 2019.

APF 2019-03 
Please send comments to Reggie Mazyck by close of business on March 14, 2019.

APF 2018-59
Please send comments to Reggie Mazyck by close of business on January 31, 2019.

Academy Discussion Paper on Need for VM-20 Guidance for YRT Reinsurance Premiums
Please send comments to Reggie Mazyck by close of business on June 11, 2018.

Academy AUW Questions & Commentary
Please send comments to Reggie Mazyck by close of business on January 29, 2018.

VM Questions and Responses
Comments should include recommendations on a suitable place for housing the Question and Response document. Please send comments to Reggie Mazyck by close of business on Oct. 7, 2017.

Simplified Issue Report
Please send comments to Reggie Mazyck by close of business on September 21, 2017.

PBR Questions for LATF Consideration - Revised 2/2/17
Please send comments to Reggie Mazyck by close of business on March 10, 2017.

There are no exposure drafts at this time.

The IUL Illustration Subgroup is requesting comments to Reggie Mazyck by Sept. 6, 2019 on the following questions related to IUL illustrations:

• Should a product with a multiplier feature illustrate a higher scale than a product without multiplier features?
• To what extent should the 145% disciplined current scale factor apply to charges supporting bonuses and multipliers?

IUL Illustration Menu of Options 
Please send comments to Reggie Mazyck by close of business on June 28, 2019.

Securian/Penn Mutual/Mutual of Omaha comments on items 13-16

Academy comments on items 13-16

ACLI comments on items 13-16

Global Atlantic comments on items 13-16

Harrison Law comments on items 13-16

Pac Life comments on items 13-16

SJO comments on items 13-16

Tonka comments on items 13-16

IUL Questions
IUL Questions Combined Comments - Updated 4/1/19
Please send comments to Reggie Mazyck by close of business on March 8, 2019.

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

• Proposal Summary
• Proposal Proposal Edits

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.

Draft Committee 2019 Revised Charges

Also see the Master Issue Resolution Document (IRD) (Updated 10/1/10)

There are no exposure drafts at this time.

ERISA Handbook Draft

Revised Draft Model #170 — 10-17-18
(To be considered for adoption by Regulatory Framework (B) Task Force at Fall National Meeting)

Draft Revisions to the Accident and Sickness Insurance Minimum Standards Model Act (#170)
(07/23/2018)

Working Draft of Revisions to Model Regulation to Implement the Accident and Sickness Insurance Minimum Standards Model Act (#171)
 

ERISA Handbook Draft

ERISA Handbook OCTOBER 11, 2018 Draft

Comments requested by October 26, 2018

• AHIP 10/26 Comments
• NAHU Draft ERISA Handbook Comments
• Consumer Rep Draft ERISA Handbook Comments

ERISA Handbook Draft Revisions 7-20-18 (footnotes corrected 8/16/18)

Comments requested by 9-28-18

• 9-18-18 Groom Law Group comments
• 9-28-18 AHIP comments
• 9-28-18 NAHU comments
• Consumer Comments

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Redline LTC Guide as adopted by WG

TF-adopted Ltd LTCI Model Act

TF-adopted Ltd LTCI Model Regulation

LTC Redline Model Act

LTC Redline Model Regulation 

Revised Task Force 2018 Proposed Charges

MLR #640

MLR #641

LTC Model Act (#640)

LTC Model Regulation (#641)

LTC Guidance Manual

Model 651 Sections 9.1 and 9.2

Medigap Plans Sold on or after 1-1-2020 Chart

Plan G or High Deductible Plan G Chart

Plan F or High Deductible Plan F Chart

LTC Guide 2013 Edition REDLINED

Comments on Private Flood Proposed Blanks Changes:

• APCIA
• CEJ
• NAMIC

Private Flood Insurance Paper Comments

There are no exposure drafts at this time.

Pet Insurance Model Law

Comments due to Aaron Brandenburg by close of business, Oct. 31.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

Predictive Model White Paper Exposed 10-15-19

Changes made to White Paper 10-14-19

Comments due to Kris DeFrain by Friday, Nov. 22.

On its call on May 16, the Actuarial Opinion (C) Working Group exposed Section IV “Guidance on qualification documentation” of the draft Regulatory Guidance on Property and Casualty Statutory Statements of Actuarial Opinion, Actuarial Opinion Summaries, and Actuarial Reports for the Year 2019 (2019 Regulatory Guidance): 

Section IV “Guidance on qualification documentation”

Note that Section IV reflects P/C Appointed Actuary qualification documentation requirements currently included in the exposed 2019 P/C Statement of Actuarial Opinion instructions: 2019 P/C Statement of Actuarial Opinion instructions. Changes made to the instructions (expected to be completed by the end of June) may require similar changes to the 2019 Regulatory Guidance.

The documents are exposed for a 53-day comment period, with comments to be submitted to Kris DeFrain (NAIC) by Friday, July 8.

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.

Proposed 2020 Charges

Comments due to Sara Robben by October 20, 2019.

Overview of Travel MCAS Proposal Review and Rejection 
Comment Deadline - July 25, 2018

There are no exposure drafts at this time.

Short-Term Limited Duration Data Call

Disability Income MCAS Proposed Ratios

• ACLI - 06/12/19
• AHIP - 06/07/19
• AHIP - 04/26/19
• PA - 04/19/2019
• CEJ - 04/19/2019

Health MCAS Adopted Materials - May 2, 2019

• Interim Meeting Recap
• Health MCAS Data Call and Definitions
• Health MCAS FAQs

Private Flood MCAS Proposal Draft

• Private Flood MCAS Data Call and Definitions Draft

Health MCAS Interim Meeting Results and Drafts

• Health MCAS Meeting Recap 
• Health MCAS Blanks Draft 
• Health MCAS Data Call and Definitions Draft 
• Health MCAS FAQ Draft 
  Comments:
  • Comments from Missouri - 4/2/19

CEJ Life and Annuity Proposal

• Comments from ACLI on CEJ Proposal (8/11/2017)
• Comments from CEJ in response to ACLI (9/27/2017)
• Comments from ACLI on CEJ Proposal (10/20/2017)
• Comments from CEJ in response to ACLI (10/29/2017)
• Comments from CEJ in response to ACLI (11/13/2017)
• Comments from ACLI (11/13/2017)

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

• Workers' Compensation In Force Standardized Data Request, July 15, 2019, Draft

The Workers’ Compensation In Force SDR was adopted by the Working Group on its Aug. 29, 2019 call.

New Draft Travel Insurance Model Act (#632)-Related Examination Standards for Inclusion in the Market Regulation Handbook

The Travel Insurance Examination Standards October 3, 2019 draft was adopted by the Working Group on its October 9, 2019 call, with additional revisions discussed during that call.

• Travel Insurance Examination Standards, October 3, 2019, Draft (Track Changes Version)
• Travel Insurance Examination Standards, October 3, 2019, Draft (Track Changes Accepted)
• October 3, 2019, Summary of Comments and Changes to Travel Insurance Related Exam Standards
• Travel Insurance Examination Standards, August 29, 2019, Draft Clean (This is a Track Changes Accepted Version of the August 26, 2019 Draft)
• Travel Insurance Examination Standards, August 29, 2019, Draft
• Summary of changes to August 26, 2019 Draft
  • NE September 20, 2019 Comments
  • UStiA September 27, 2019 Comments
  • American Property Casualty Insurance Association (APCIA) September 30, 2019 Comments
• Travel Insurance Examination Standards, May 22, 2019, Draft
• Summary of Travel Insurance Examination Standards, May 22, 2019
  • U.S. Travel Insurance Association (UStiA) July 10, 2019 Comments
  • American Property Casualty Insurance Association (APCIA) July 10, 2019 Comments

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

• WV 03/16/2017 Comments
• CEJ 03/12/2017 Comments

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

• NAIC Consumer Representatives' 9/03/15 Comments
• National Women's Law Center (NWLC) 9/03/15 Comments

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

• WA 8/04/15 Comments

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

• MO 9/11/14 Comments
• AIA 9/12/14 Comments

Short-Term Limited Duration Data Call

There are no exposure drafts at this time.

The following items are exposed for comment. Please submit comments to the appropriate NAIC staff support contact by the deadline indicated.

There are no exposure drafts at this time.

There are no exposure drafts at this time.

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.

• Pet Insurance Presentation

Comments:

• Tennessee DOI 
• Washington DOI
• Puerto Rico DOI
• Aspen Insurance
• Center for Economic Justice
• Great Plains SPCA
• Humane Society
• Consumer - Lowry

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:

• Summary of Revisions

• State Licensing Handbook Revisions (W/Track Changes)

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.

• Continuing Education Classroom Course Recommendations

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

• Wednesday, August 21, 2019 at 3 pm EST     http://dpregister.com/10134469
• Thursday, August 29, 2019 at 3 pm EST         http://dpregister.com/10134473
• Thursday, September 12, 2019 at 3 pm EST   http://dpregister.com/10134476
• Thursday, September 26, 2019 at 3 pm EST   http://dpregister.com/10134478
• Thursday, October 10, 2019 at 3 pm EST        http://dpregister.com/10134477
• Thursday, October 24, 2019 at 3 pm EST        http://dpregister.com/10134487
• Wednesday, October 30, 2019 at 3 pm EST     http://dpregister.com/10134475

CHAPTERS & DEADLINES

• Chapters 1 – 5
• Chapters 6-10
• Chapters 11-15  (Comment Deadline Monday, August 19, 2019)   
• Chapters 16-20  (Comment Deadline Friday, August 30, 2019)
• Chapters 21-25 (Comment Deadline Friday, September 13, 2019)
• Chapters 26-30 (Comment Deadline Friday, September 27, 2019)

COMMENTS RECEIVED:

Chapters 1 – 5

• AK
• CA
• MI
• NM
• OH
• OR
• SC
• VA
• WI
• AK, CA, RI and VA (Reciprocity Examples)

Chapters 6-10

• CA
• MI
• ACLI (Edits)
• ACLI (Letter)
• SILA
• WSIA (Letter)
• WSIA (Edits)

Chapters 11-15

• CA
• VA
• SILA

Chapters 16-20

• CA
• SILA

Chapters 21-25

• No comments at this time.

Chapters 26-30

• NE

REDLINED CHAPTERS:

• Chapters 1-5 
• Chapters 6-10
• Chapters 11-15 
• Chapters 16-20
• Chapters 21-25 (Coming Soon)
• Chapters 26-30 (Coming Soon)

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.

• Individual Initial Application
• Individual Renewal Application
• Business Entity Initial Application
• Business Entity Renewal Application 

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

• CER Agreement 3.29.19 Clean 
• CER Agreement 3.29.19 W/Track Changes 

Comments Received By 4.16.19

• MD DOI Comments 4.9.19 

Summary of Changes Made during the 4.16.19 Conference Call

• 4.16.19 Recap 

Draft 2 – Version 4.17.19

• CER Agreement 4.17.19 Clean 
• CER Agreement 4.17.19 W/Track Changes 

Comments Received (Deadline for Draft 2)

• FL Comments 5.14.19
• WA Comments 5.7.19 
• SILA Comments 5.9.19 

Please find below the proposed 2020 charges for the Financial Condition (E) Committee and its task forces and working groups. Submit comments to NAIC staff Dan Daveline by COB October 16, 2019.

• 2020 Proposed Charges

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.

The following documents are exposed for a 30-day comment period ending Oct. 11th. All comments should be emailed to jbarr@naic.org

• Form 11, Biographical Affidavit
• Lines of Business Instructions

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 September 5, 2019

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

Exposure Drafts Outstanding
Statutory Accounting Principles (E) Working Group
Last Updated 8/6/2019

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

The Capital Adequacy (E) Task Force exposed the following for a 30-day comment period. Please submit comments to Jane Barr by COB, Friday Nov. 8, 2019.

When submitting comments please consider the questions following the referrals.  

1. Supplemental Investment Risk Interrogatory (SIRI) – Line 13 Equity Interests
   1. Should the Capital Adequacy Task Force provide comments back to the Statutory Accounting Principles (E) Working Group regarding this change?
2. NAIC Designations for Schedule D, Part 2- - Section 2 – Common Stocks
3. RBC Charges for Funds and Comprehensive Funds
4. Structured Notes
   1. Are these changes appropriate for RBC?
   2. What is the best way for the Task Force to move forward?
   3. What resources should the Task Force consider for research and analysis of these investments?

There are no exposure drafts at this time.

There are no exposure drafts at this time.

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

• 2018-18-L
• Alternative LR024

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:

• American Academy of Actuaries (AAA) proposed instructions for the C-3 Phase I proposal
• Modified C-3 Phase 3 Scope Proposal
  • Comment Letters Received:
    • AAA Scope Comment 2/16/10
    • ACLI Scope Comment 2/19/10
• AAA Draft C-3 Instructions and Appendices
  • Comment Letters Received:
    • ACLI C-3 Phase 3 Comment 1/22/10
    • ACLI C-3 Phase 2 Comment 4/13/10
    • New York C-3 Phase 3 Comment 4/1/10
• AAA September 2009 Report on RBC C3 Requirements for Life Products

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

The following are exposed for a 30-day comment period. Please submit comments to the Eva Yeung by COB Tuesday, September 3, 2019.

• Clarification to Instructions Regarding Lloyd's of London
• Remove PR035 Adjustment for Reinsurance Penalty

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.  

• 9/12/19 FEHTF Exposures 

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.

On October 7, 2019, the Qualified Jurisdiction (E) Working Group of the Reinsurance (E) Task Force exposed the re-evaluations for the four Qualified Jurisdictions that are not subject to Covered Agreements, for a 30-day public comment period ending Wednesday, November 6, 2019. Comments should be directed to Jake Stultz and Dan Schelp.

• Re-evaluation for Bermuda as a Qualified Jurisdiction
• Re-evaluation for Japan as a Qualified Jurisdiction
• Re-evaluation for Switzerland as a Qualified Jurisdiction

On September 11, 2019, the Reinsurance (E) Task Force exposed proposed revisions to the Reinsurance Ceded section of the NAIC Accreditation Program Manual to be exposed for a 30-day public comment period ending Friday, October 11, 2019. The Task Force also requests comments on the effective date of the new section of the accreditation standard. The Task Force recommends setting October 1, 2022 as the effective date for this accreditation standard, with reviews of this part of the accreditation standard to begin on January 1, 2023. October 1, 2022 is the date where preemption of U.S. state laws may begin in accordance with the Covered Agreement, Article 9(4). Comments should be directed to Jake Stultz and Dan Schelp.

• Reciprocal Jurisdiction Accreditation Standard

Comment Letters

• American Council of Life Insurers
• Lloyd's America
• New York Life and Northwestern Mutual
• Reinsurance Association of America, the American Property and Casualty Insurance Association and the National Association of Mutual Insurance Companies
• Texas Department of Insurance

On September 4, 2019, the Qualified Jurisdiction (E) Working Group of the Reinsurance (E) Task Force exposed proposed revisions to the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions and the re-evaluations for the four Qualified Jurisdictions that are subject to Covered Agreements, for a 30-day public comment period ending Friday, October 4, 2019. Comments should be directed to Jake Stultz and Dan Schelp.

• Updates to the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions
• Re-evaluation for France as a Qualified Jurisdiction
• Re-evaluation for Germany as a Qualified Jurisdiction
• Re-evaluation for Ireland as a Qualified Jurisdiction
• Re-evaluation for the United Kingdom as a Qualified Jurisdiction

Comment Letters

• American Council of Life Insurers
• Bermuda International Long Term Insurers and Reinsurers
• Central Bank of Ireland
• General Insurance Association of Japan
• Germany (BaFin)
• Lloyd's America
• Reinsurance Association of America, America Property and Casualty Insurance Association, National Association of Mutual Insurance Companies
• Swiss Federal Department of Finance

On October 7, 2019, the Qualified Jurisdiction (E) Working Group of the Reinsurance (E) Task Force exposed the re-evaluations for the four Qualified Jurisdictions that are not subject to Covered Agreements, for a 30-day public comment period ending Wednesday, November 6, 2019. Comments should be directed to Jake Stultz and Dan Schelp.

• Re-evaluation for Bermuda as a Qualified Jurisdiction
• Re-evaluation for Japan as a Qualified Jurisdiction
• Re-evaluation for Switzerland as a Qualified Jurisdiction

On September 4, 2019, the Qualified Jurisdiction (E) Working Group of the Reinsurance (E) Task Force exposed proposed revisions to the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions and the re-evaluations for the four Qualified Jurisdictions that are subject to Covered Agreements, for a 30-day public comment period ending Friday, October 4, 2019. Comments should be directed to Jake Stultz and Dan Schelp.

• Updates to the Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions
• Re-evaluation for France as a Qualified Jurisdiction
• Re-evaluation for Germany as a Qualified Jurisdiction
• Re-evaluation for Ireland as a Qualified Jurisdiction
• Re-evaluation for the United Kingdom as a Qualified Jurisdiction

Comment Letters

• American Council of Life Insurers
• Bermuda International Long Term Insurers and Reinsurers
• Central Bank of Ireland
• General Insurance Association of Japan
• Germany (BaFin)
• Lloyd's America
• Reinsurance Association of America, America Property and Casualty Insurance Association, National Association of Mutual Insurance Companies
• Swiss Federal Department of Finance

Survey on Effect of QJ Implementation of Solvency II
Exposure by Qualified Jurisdiction (E) Working Group. Submit survey responses to Matthew Todd and Dan Schelp by Wednesday, December 31, 2016. [Note: the previous survey response deadline of Wednesday, November 23, 2016, has been extended.]

Comments on the below exposure are due by the close of business Friday, January 13, 2017, and should be directed to Dan Schelp or Matt Todd.

• Qualified Jurisdiction (E) Working Group report regarding European Union member state implementation of Solvency II and the potential impact on the qualified jurisdiction status of France, Germany, Ireland and the United Kingdom.

There are no exposure drafts at this time.

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.

• Best Practices - Risk Retention Groups
• NAIC Uniform RRG Notice and Registration Form
• Risk Retention Groups - Frequently Asked Questions

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

• Proposal Summary
• Proposal Proposal Edits

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.

Comment letters should be emailed to Becky Meyer at bmeyer@naic.org prior to Friday, September 6.

Revisions to the Self-Evaluation Guide/Interim Annual Review (Part D)
To provide consistency with revisions to Part D of the Review Team Guidelines adopted at the Summer meeting.

Revisions to Part B3: Procedures for Troubled Companies
To align Review Team Guidelines with revisions made to the Troubled Insurance Company Handbook.

2014-15 Financial Sector Assessment Program (FSAP) Self-Assessment of the U.S. Insurance Sector

EU-U.S. Insurance Project Report to the Steering Committee, Key Elements of Regulations and Supervisory Practices in Respect of Group ORSA

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.