Consulting Services to Insurance Regulators
September 10, 2026
RRC Comments Regarding LATF’s Concept for Starting Asset Allocation
Authored by: Patricia Matson, Co-Chief Executive Officer, Jason Kehrberg, Director The Life Actuarial (A) Task Force (LATF) is requesting comments on the Concept for Starting Asset Allocation exposure. RRC appreciates the opportunity to offer our comments. Should you have any questions, we would be glad to discuss them with you and Task Force members. We...
March 16, 2026
RRC Comments Regarding GIC Funding Agreements and Stable Value Contracts in Scope of VM-22
Authored by: Lynn Manchester, Director, Veronika Cooper, Consulting Actuary The VM-22 (A) Subgroup is requesting comments on the question of whether to include Guaranteed Investment Contracts (GICs), Synthetic Guaranteed Investment Contracts (SGICs), Funding Agreements, and Stable Value Contracts in the scope of VM-22 (the Exposure). RRC appreciates the opportunity to offer our comments on the...
March 12, 2026
RRC Comments Regarding Request for Comments on RBC Gaps
Authored by: Dave Heppen, Partner, Lynn Manchester, Director, Veronika Cooper, Senior Associate, Becky Sheppard, Senior Manager The Risk-Based Capital Model Governance (EX) Task Force exposed a new document on February 10, 2026, requesting comments “…from interested parties to identify gaps and inconsistencies across the RBC framework”. Risk & Regulatory Consulting, LLC (“RRC”) regularly supports regulators...
January 27, 2026
Market Briefing 1Q2026-Market Recap for Year-End 2025 and Potential Impact on U.S. Insurance Company Investments
Authored by: Edward Toy – Director, Investment Specialist, Crystal Brown – Senior Associate, Investment Specialist Markets experienced a higher level of volatility in 2025, which has been the norm since 2020. Overall trends continued but were punctuated by brief spikes in reaction to specific events. Inflation data rose slightly in the second half of the...
September 5, 2025
RRC Comments Regarding the AI Systems Evaluation Tool to Identify and Assess the AI Related Risks of Insurers
Authored by: Lauren Cavanaugh, FCAS, MAAA, Partner, Liz Wortman, ACAS, MAAA, Scott Merkord, FCAS, MAAA, CPCU and Sandeep Patil, FSA, CERA, MAAA The Big Data and Artificial Intelligence (H) Working Group has released a draft version of an AI Systems Evaluation Tool to identify and assess the AI-related risks of insurers. The Working Group has...
August 4, 2025
Market Briefing 3Q2025 – Mid-Year Market Recap and Industry Assets Review
Authored by: Edward Toy – Director, Investment Specialist We have just passed the mid-year mark for 2025. Through 2024, inflation rates declined, interest rates declined, equity markets climbed, and credit spreads returned to pre-Pandemic levels reflecting lessening concerns about defaults and prospects for a recession. The first half of 2025 has seen a resurgence of...
July 24, 2025
RRC Comments Regarding Request for Comments on Proposed Preliminary Risk-Based Capital (“RBC”) Principles and Questions
Authored by: Patricia Matson, FSA, MAAA, Partner, Lynn Manchester, FSA, MAAA, Director and Janine Bender, ASA, MAAA, Supervisor The Risk-Based Capital Model Governance (EX) Task Force is requesting comments on the proposed preliminary Risk-Based Capital (“RBC”) principles and questions (“the Exposure”). Risk & Regulatory Consulting, LLC (“RRC”) appreciates the opportunity to offer our comments on...
February 21, 2025
Market Recap for Year-End 2024 and Potential Impact on U.S. Insurance Company Investments
Authored by: Edward Toy – Director, Investment Specialist 2024 was in many respects a continuation of the market volatility that we have seen since 2020. With reasonable moderation in inflation data, the Federal Reserve Board (the “Fed”) at the end of the year began to lower its target for the Fed Funds rate. The market...
December 6, 2024
RRC Comments Regarding GOES (E/A) Subgroup’s GOES Model Governance Framework Draft Exposure
Authored by: Tricia Matson, Partner and Lynn Manchester, Director and Janine Bender, Supervisor The Generator of Economic Scenarios (“GOES”) (E/A) Subgroup (“Subgroup”) is requesting comments on the GOES Model Governance Framework Draft (“the Exposure”). RRC appreciates the opportunity to offer our comments on the Exposure. Should you have any questions, we would be glad to...
Copyright © 2018 - 2026 | Risk & Regulatory Consulting | Website Design by Wallfrog
RRC Comments Regarding VM-20 Spread and Default Methodology Review