Solvency Modernization (EX) Task Force - NAIC
- The NAIC's Solvency Modernization Initiative (SMI) began in June 2008
- https://naic.soutronglobal.net/Portal/Public/en-GB/RecordView/Index/19797
- SMI will focus on five key solvency areas: capital requirements, international accounting, insurance valuation, reinsurance, and group regulatory issues.
- SMI Roadmap
- 2014 0814 - NAIC White Paper THE U.S. NATIONAL STATE-BASED SYSTEM OF INSURANCE FINANCIAL REGULATION and the SOLVENCY MODERNIZATION INITIATIVE, Drafted by the Solvency Modernization Initiative (E) Task Force
SMI Related Task Forces, Working Groups and Subgroups
- Corporate Governance (E) Working Group
- Investment Risk Based Capital (E) Working Group
- Group Solvency Issues (E) Working Group
- ORSA Implementation (E) Subgroup
- Operational Risk (E) Subgroup
- PBR Review Working Group
- RBC Catastrophe Risk (E) Subgroup
- Reinsurance (E) Task Force
- 2011-2, NAIC Proc.
- 2013 0814 - NAIC - NAIC white paper: The U.S. national state-based system of insurance financial regulation and the Solvency Modernization Initiative - 76p