NAIC’s ISAWG Dec. 2 Meeting Agenda and Documents

The National Association of Insurance Commissioners (“NAIC”) International Solvency and Accounting (E) Working Group (“ISAWG”) will meet in Houston, Texas on Dec. 2 during the NAIC’s National Meeting from Dec. 2-4, 2007.

ISAWG Agenda for Dec. 2:

1. Report on IAIS Roadmap

2. Discuss International Accounting

• Update on IAIS Insurance Contracts
• Update on Response to FASB

3. Discuss International Solvency

• IAIS Solvency Subcommittee Papers

4. GNAIE/Ernst & Young Presentation: The Role of the Risk Margin in the Calculation of Technical Provisions

5. Any Other Business

 

The agenda, the Financial Accounting Standards Board response, and the Group of North American Insurance Enterprises Risk Margin study overview and paper are posted on the NAIC Web site, which may be accessed by clicking here.

Below are links to several International Association of Insurance Supervisors Solvency documents, courtesy of Kris DeFrain of the NAIC.  Please notice that the first drafts of standards are included, as well as re-drafted guidance papers that were recently adopted in October, 2007).

First draft guidance paper on Capital (2)
First draft guidance paper on ERM – updated KED
First draft guidance paper on IM (2)
First draft standard on Capital
First draft standard on ERM
First draft standard on IM

 

Should you have any questions or comments, please do not hesitate to contact this office.