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The mission of the Examination Oversight (E) Task Force is to monitor all aspects of the financial examination process and to identify, investigate, and develop solutions to problems related to financial examinations; to monitor and refine the Financial Analysis Solvency Tools including the NAIC Financial Analysis Handbook; to oversee the Analyst Team Project; to review details of examination surveillance process; to monitor the development of tests for determining when a financial examination of an insurer is necessary; to establish procedures for flow of information between states on troubled companies; to enhance the quality and timeliness of financial examinations and monitor additions to the NAIC Financial Condition Examiners Handbook covering this area; and to monitor the examination schedules in various states and assist the states in developing methods to maintain current schedules.
2012 Charges
- Provide ongoing maintenance and enhancements to the Form A Database, monitor the usage and encourage state participation.
- Provide input and comments to the International Association of Insurance Supervisors (IAIS) or other related groups on issues regarding international risk-management concepts; coordinate such comments with the International Solvency and Accounting Standards (EX) Working Group.
- Recommend salary rate adjustments for examiners.
- Provide ongoing maintenance and enhancements to the NAIC Lead State Summary Report tool and encourage coordination with solvency matters.
The following groups report to the Examination Oversight Task Force:
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