Conference Call
Monday, March 5, 2018
11:00 am ET/10:00 am CT

  • Materials will be posted prior to the call.

Thee revisions to the current RBC formula instructions for calculating basic operational risk. The changes are related to the structural changes adopted by the Subgroup to expand the C-4a offset for all lines of business to include the C-4a of U.S are exposed for a 30-day comment period. Comments should be sent to Lou Felice by Monday, February 26, 2018.

Related NAIC Publications

Contacts

Operational Risk (E) Subgroup

 

2018 Charge

The Operational Risk (E) Subgroup will:

  1. Evaluate options for developing an operational risk charge in each of the risk-based capital (RBC) formulas and provide a recommendation to the Capital Adequacy (E) Task Force as to treatment of operational risk in the RBC formulas. Complete by the 2018 Summer National Meeting.