• Meeting Materials
• Exposure Drafts
• Related Documents

Calendar

Conference Call
Thursday, April 19, 2018
12:00 pm ET/11:00 am CT

• Agenda and Materials

Conference Call
Thursday, April 26, 2018
12:00 pm ET/11:00 am CT

• Materials will be posted prior to the call

See all Current Exposure Drafts

• Re-Exposure of FHLB Collateral Proposal

Please send comments to Dave Fleming by the close of business, November 22, 2017.

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.

RBC Proposal Form and Instructions

2016 Aggregate Life and Fraternal RBC Results

Additional Life RBC Guidance

Updated ACLI Commercial Mortgage Proposal

Prior Year Life RBC Guidance

Year-end 2009 guidance for additional deferred tax assets to be reported on Life RBC page LR039 Details for Affiliated Investments adopted at the 12/17/2009 conference call of the Capital Adequacy (E) Task Force.

LR039 DTA Guidance

Year-end 2009 Life RBC additional deferred tax asset sensitivity test Excel spreadsheet. The spreadsheet would be used for any state that requests a hard copy version or e-mail version of the additional disclosure of the effect the admission of the additional deferred tax has on the RBC calculation.

LR031 DTA Sensitivity Spreadsheet

Optional year-end 2008 additional guidance for Life RBC page LR012 Miscellaneous Assets adopted at the 1/20/2009 conference call of the Capital Adequacy Task Force:

LR012 Derivatives Guidance

Optional year-end 2009 additional guidance for Life RBC page LR015 Off-Balance Sheet Items regarding the Federal Reserve's Term Asset Loan Facility (TALF) adopted at the 9/10/2009 conference call of the Capital Adequacy (E) Task Force:

LR015 TALF Guidance

Requirements for actual RBC calculation of C-3 Phase I, Interest Rate Risk

• Scenario Generator Instructions
• Scenario Generator Spreadsheet (Updated Aug. 2010)

Requirements for information-only, alternative calculation of C-3 Phase I, Interest Rate Risk

• Scenario Generator Instructions
• Scenario Generator Spreadsheet (Dec. 2014)

Year End	Percent
Year End 2012	0.009%
Year End 2011	0.010%
Year End 2010	0.008%
Year End 2009	0.004%
Year End 2008	0.002%
Year End 2007	0.004%
Year End 2006	0.008%

Requirements for Separate Accounts that Guarantee an Index

• Instructions for Separate Accounts that Guarantee an Index
• June 2003 AAA Report on Separate Accounts That Guarantee an Index
• Class II Strategy Tracking Error Spreadsheet

Life Risk-Based Capital Newsletter

• August 2017
• August 2016
• August 2015
• August 2014
• July 2013 (updated 9-6-2013)

Fraternal Risk-Based Capital Newsletter

• August 2017
• August 2016
• August 2015
• August 2014
• July 2013 (updated 9-6-2013)

Related NAIC Publications

Contacts

Life Risk-Based Capital (E) Working Group

Financial Condition (E) Committee

See Capital Adequacy (E) Task Force for annual charges.

2018 Additional Charges

The Life Risk-Based Capital (E) Working Group will:

1. Evaluate risk-based capital (RBC) in light of principle-based reserving (PBR). Consider changes to RBC needed because of the changes in reserve values, including the "right-sizing" of reserves, margins in the reserves, any expected increase in reserve volatility, the overall desired level of solvency measurement and other issues. Complete by the 2018 Fall National Meeting.


2. Consider a total balance sheet approach (e.g., total asset requirement (TAR) type calculation and then subtracting out the PBR reserves) and application of stress scenarios. These charges should include appropriate consideration of International Association of Insurance Supervisors' (IAIS) Insurance Core Principles (ICPs). Complete by the 2018 Fall National Meeting.

The following Subgroups report to the Life Risk-Based Capital (E) Working Group:

• C-3 Phase II/AG 43 (E/A) Subgroup
• Longevity Risk (A/E) Subgroup

Final Instructions for the Life Risk-Based Capital Schedules Changed by the New Commercial Mortgage Methodology

• Final Instructions

Instruction to Receive the National Council of Real Estate Investment Fiduciaries' Price Index

• Price Index Instructions

Mortgage Instruction Update

• Risk Categoryw Table Correction

Additional guidance for the treatment of the Asset Valuation Reserve in C-3

• Additional guidance