Education & Training Events

Related NAIC Publications

Contacts

Financial Analysis Research and Development (E) Working Group

 

The Financial Analysis Research and Development Working Group supervises the development of the automated analytical tools. The Working Group also monitors the continuing development and implementation of computer-based analytical techniques to assist regulators in effectively monitoring an insurers' financial condition. Additionally, the Working Group evaluates the effectiveness of IRIS ratios:

2017 Charges

  1. Provide ongoing development maintenance and enhancements to the automated financial solvency tools developed to assist in conducting risk-focused analysis and monitoring the financial condition of insurance companies and groups. Prioritize and perform analysis to ensure that the tools remain reliable and accurate.

  2. Review current financial analysis solvency tools for life insurance companies for consideration of risk with reserve liabilities as affected by PBR standards; make appropriate enhancements as necessary.

2018 Proposed Charges

The Financial Analysis Research and Development (E) Working Group will:

  1. Provide ongoing development maintenance and enhancements to the automated financial solvency tools developed to assist in conducting risk-focused analysis and monitoring the financial condition of insurance companies and groups. Prioritize and perform analysis to ensure that the tools remain reliable and accurate.

  2. Continue to consider changes to the Review current financial analysis solvency tools for life insurance companies for consideration of risk with reserve liabilities as affected by principle-based reserving (PBR) standardsbased upon any recommendations as requested from the Life Actuarial (A) Task Force; make appropriate enhancements as necessary.