Conference Call
Thursday, Oct. 18, 2018
12:00pm ET/11:00am CT

  • Materials will be posted prior to the call

Please submit comments on both documents to Lou Felice and Jane Barr no later than Friday, October 5, 2018.

  • Exposure 1
    • Requests comments on the concept of an enhanced capital add-on approach to address growth risk in the Life Risk-based Capital formula, as well as comments on the current growth exposure proxies and thresholds in the current "informational only" growth risk page. The document has been marked to reflect changes requested during the 8/20 conference call.
  • Exposure 2
    • Requests comments on potential questions that regulators could ask companies during analysis concerning how the companies define and quantify operational risks, as well as comments on whether the questions should be part of ORSA review or elsewhere in the analysis process.

Related NAIC Publications


Operational Risk (E) Subgroup


2018 Charge

The Operational Risk (E) Subgroup will:

  1. Evaluate options for developing an operational risk charge in each of the risk-based capital (RBC) formulas and provide a recommendation to the Capital Adequacy (E) Task Force as to treatment of operational risk in the RBC formulas. Complete by the 2018 Summer National Meeting.