National Association of Insurance Commissioners Requests Comments on Fiscal Impact Statement for Economic Scenario Generator
The
The fiscal regards funding for an Economic Scenario Generator (ESG) producing real-world interest and equity scenarios to be prescribed for use in calculations of life and annuity Statutory reserves according to the Valuation Manual (VM-20, VM-21) and capital under the NAIC RBC requirements (C3 Phase 1, C3 Phase 2).
A vote to approve the fiscal is expected during the 2020 Summer National Meeting in August.
Information about this project is available on www.naic.org. Comments on the fiscal are due to [email protected] by
Fiscal Impact Statement - Economic Scenario Generator (https://www.naic.org/documents/rfc_fiscal_economic_scenario_generator_200716.pdf)
Comments due by
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