RBC - Risk-Based Capital

  • 1993 01 - SOA - Actuarial Update - NAIC Approves Risk-Based Capital Model Law for Life & Health Insurers, Society of Actuaries - 8p
  • 1993 ? - Academy and NAIC Collaborate on Risk-Based Capital Formula - <WishList>
  • 1996 - SOA - Investment under the Risk-Based Capital (RBC) and Rating Agencies Requirements, Society of Actuaries - 16p
  • In June 2013, the New York Department of Financial Services ("DES") concluded a nearly year-long investigation into life insurer-owned captive insurance vehicles.1
    • Upon finding that New York-based insurers and their affiliates engaged in at least $48 billion in transactions that enabled them to reduce their reserves and artificially inflate their balance sheets by juicing their risk-based capital ratios by approximately 250%, DFS urged fellow state insurance commissioners to adopt a national moratorium with regard to future captives transactions until a fuller and more complete picture could emerge that would inform collective decision-making.  (p1)

2014 0812 - Letter - New York Department of Financial Services (Ben Lawsky) to State Insurance Commissioners, plus Jacob Lew (DOTT), Michael McrRaith (FIO) - <WishList>