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201820** IEE updates each year IEE.Current 2019 2018 2017 ASOP 20 ASOP.20 ☎ ASOP 36 ASOP.36 ☎ ASOP 41 ASOP.41 ☎ ASOP 43 ASOP.43 ☎ AAA Materiality AAA.Materiality ☎ Baribeau Baribeau.Regs ☎ Blanchard and Klann BK.Reins ☎ COPLFR P&C Practice Note COPLFR.SAO ☎2019 ☎ 2018 ☎2017 ☎2016 Cook Cook.Personal Dearie Dearie.Excess ☎ Feldblum, S., "IRS Loss Reserve Discounting," CAS Study Note, 2017, pp. 1-26, excluding Appendix and endnotes. Feldblum (Loss Reserve Discounting) Feldblum.Discount ☎ Feldblum (Rating Agencies) Feldblum.Ratings ☎ Feldblum (Surplus) Feldblum.Surplus Reading ASC 944-020-15 FASB.944 Freihaut & Vendetti Freihaut.Reins ☎ GAO Report GAO.Report ☎ Government Insurers Study Note Germani.GovtIns ☎ Horn, D. and Brown, J., “Introduction to the National Flood Insurance Program (NFIP),” Congressional Research Service, September 12, 2017, pp. 1-25. Horn & Brown Horn.Flood ☎ Horn & Webel Horn2018.Flood ☎ ☎ NAIC Telematics NAIC.Telematics ☎ King ☎ Klann Klann.ReinsComm ☎ Kucera Kucera.Credit ☎ McCarty McCarty.Credit ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Preamble. NAIC APPM, Preamble NAIC.APPM study kit ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 5R, “Liabilities, Contingencies and Impairment of Assets,” paragraphs 1-12, 26-29, and 33-34. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 5R NAIC.SSAP-5R ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 9, “Subsequent Events,” paragraphs 1-8. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 9 NAIC.SSAP-9 ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 53, “Property Casualty Contracts—Premiums,” paragraphs 1-18. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 53 NAIC.SSAP-53 ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 55, “Unpaid Claims, Losses and Loss Adjustment Expenses,” paragraphs 1-6 and 10-17. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 55 NAIC.SSAP-55 ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 62R, “Property and Casualty Reinsurance,” paragraphs 1-90. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 62R NAIC.SSAP-62R ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 63, “Underwriting Pools,” paragraphs 1-11. This material is available in Appendix IV of the COPLFR P&C Practice Note. Updates each year NAIC SSAP 63 NAIC.SSAP-63 ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 65, “Property and Casualty Contracts,” paragraphs 1-46. This material is available in Appendix IV of COPLFR P&C Practice Note. Updates each year NAIC SSAP 65 NAIC.SSAP-65 ☎ ☎ ☎ ☎ National Association of Insurance Commissioners, Accounting Practices and Procedures Manual, 2019, Statement of Statutory Accounting Principles 66, “Property and Casualty Contracts,” paragraphs 1-46. This material is available in Appendix IV of COPLFR P&C Practice Note. Updates each year NAIC SSAP 66 NAIC.SSAP-66 ☎ National Association of Insurance Commissioners, “NAIC Insurance Regulatory Information System (IRIS) Ratios Manual,” 2018, Section II, Property/Casualty Ratios, pp. 5-26. NAIC IRIS NAIC.IRIS check if updated to 2019 edition ☎ ☎ National Association of Insurance Commissioners, Official 2018 NAIC Annual Statement Blanks, Property and Casualty, (both individual and consolidated basis), pp. 2-13, Notes to the Financial Statement p. 14 (refer to the Odomirok paper for the Notes to cover); Schedules D (pp. SI03 through SI09), F (pp. 20-29), H (pp.30-32), and P (pp. 33-93). Candidates will be expected to have knowledge of other sections of the annual statement that are discussed in other Syllabus readings. Candidates are not responsible for page numbers. [The “Notes to the Financial Statement” are cited for reference only. Candidates are responsible for the Notes as described in the Odomirok reading where the Notes are referenced by title. If the 2018 Annual Statement and the study materials differ, candidates may base their answers on either.] NAIC Annual Statement NAIC.Annual National Association of Insurance Commissioners Official Annual Statement Examples: The following companies post their annual statements online. Candidates may use these (or their own company’s statements) as illustrations to better understand the annual statement but are not responsible for any company-specific data: (1) Travelers and (2) the Liberty Mutual Group. NAIC Annual Statement Examples NAIC.AnnualExs Travelers Travelers National Association of Insurance Commissioners, Casualty Actuarial and Statistical Task Force, Price Optimization White Paper, November 2015, pp. 1-16. NAIC Price NAIC.Price ☎ NAIC White Paper, “The U.S. National State-Based System of Insurance Regulation and the Solvency Modernization Initiative,” 2013. Candidates are not responsible for the following: • Section 2: paragraphs 15-18, 26-28, 32-34, 41-42, Appendix 1, and Appendix 2; • Section 3: paragraphs 9, 13-15, 23-32, and 38-39; • Section 4; and • Section 5: paragraphs 9, 20-29, 30-45, and 61-86. NAIC Solvency Regulatory Framework NAIC.Solvency ☎ ☎ Odomirok, K.C., et al., Financial Reporting Through the Lens of a Property/ Casualty Actuary, Casualty Actuarial Society, 2014, Edition 5, excluding Part VII [Canadian Introduction and Canadian Chapters 27-29 (pp. 335-362)] and Appendix II. Including Errata. CAS Financial Reporting [[]] Edition 5 ☎ Edition 4 ☎ Errata
Porter, K., Insurance Regulation, Insurance Institute of America, 2008, Chapters 2 (exclude pp. 2.19-2.29), 3 (exclude pp. 3.21 starting at Other Interest Groups -3.25), 4 (exclude pp. 4.16-4.23), 5 (exclude pp. 5.12-5.22), 6 (pp. 6.11-6.17), 8 (pp. 8.3-8.6 and 8.12-8.15), and 12 (exclude pp. 12.12-12.17). Porter 1 [[]] Porter, K., Insurance Regulation, Insurance Institute of America, 2008, Chapter 12 (pp. 12.12-12.17). Porter 2 [[]] Vaughan, T., “The Economic Crisis and Lessons from (and for) U.S. Insurance Regulation,” Journal of Insurance Regulation, Fall 2009, pp. 3-16. Vaughn Vaughan.Crisis ☎ Webel, B., “Terrorism Risk Insurance: Issue Analysis and Overview of Current Program,” Congressional Research Service, July 23, 2014, pp. 5-11. Webel 1 Webel.TRIA-1 ☎ Webel, B., “Terrorism Risk Insurance Legislation the 114th Congress: Issue Summary and Side-by-Side Analysis,” Congressional Research Service, January 20, 2015, Summary page and pp. 1-3. Webel 2 Webel.TRIA-2 ☎
