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The Financial Analysis Handbook Working Group is responsible for maintaining the Financial Analysis Handbook. The Handbook is available in separate Life/Health, Property/Casualty and Health editions. The Handbook is a tool to assist the analyst in conducting a comprehensive financial analysis of an insurance company, particularly multi-state domestic companies.
2009 Charges
- Provide ongoing maintenance and enhancements to the NAIC Financial Analysis Handbook (FAH) and related applications for changes to the NAIC Annual/ Quarterly Statement Blanks, as well as coordinate and analyze input received from other state regulators.
- Continue to incorporate the assessment of risk and of risk management in the financial analysis oversight role.
- Review current guidance in the NAIC Financial Analysis Handbook regarding the analysis of reserve liabilities for life insurance companies and make appropriate revisions based on the finalized principles-based reserving standards.
- Upon notice that a security has been placed under regulatory review, the Chair of the Financial Analysis Handbook (E) Working Group or his or her representative will be deemed a member of the Invested Asset (E) Working Group of the Valuation of Securities (E) Task Force. The Chair or his or her representative is charged with contributing the perspective and expertise of the regulatory group to the development of NAIC regulatory guidance for the security under review.
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No related topics are available at this time. |
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| The following is exposed for comment. Please submit comments to the appropriate NAIC staff support contact by the deadline indicated. |
On the Oct. 13, 2009, conference call, the FAHWG released for comment additional revisions to the NAIC 2009 Financial Analysis Handbook Health Actuarial Opinion Chapter.
Comments must be received by close of business, Thursday, Oct. 29, 2009.
Please submit your written comments via e-mail to Andy Daleo or Jane Koenigsman. |
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