State Insurance Solvency Modernization Initiatives - Financial Crisis to Present

Speaker

Instructor: Adam Kerns
Product ID: 704901

Location
  • Duration: 60 Min
This webinar training will discuss the state insurance regulatory developments from 2008 through today regarding the (NAIC) Solvency Modernization Initiative (SMI). Participants who attend this webinar will receive a comprehensive, in-depth review of the various state insurance solvency modernization initiatives, along with a better understanding of how such initiatives will directly impact their daily operations.
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Why Should You Attend:

A comprehensive review of the state insurance regulatory developments from 2008 through today regarding the National Association of Insurance Commissioner’s (NAIC) Solvency Modernization Initiative (SMI). The NAIC’s SMI focuses on the holding company structure, enterprise risk management, solvency assessments, corporate governance, and group capital calculation.

Participants will learn about listed below key factors:

  • National Association of Insurance Commissioner’s (NAIC) Solvency Modernization Initiative (SMI) introduction
  • Current status of each initiative and the likelihood of full adoption by the states
  • Application to and effect on insurer’s daily operations

Areas Covered in the Webinar:

  • National Association of Insurance Commissioner’s (NAIC) Solvency Modernization Initiative (SMI) introduction
  • Insurance Holding Company System Regulatory Model Act and Regulation
  • Risk Management and Own Risk and Solvency Assessment Model Act and Guidance Manual
  • Corporate Governance Annual Disclosure Model Act and Regulation
  • Group Capital Calculation development
  • Accreditation considerations and uniformity among the states
  • Current status of each initiative and the likelihood of full adoption by the states
  • Application to and effect on insurer’s daily operations
  • Future developments in the area of regulatory modernization

Who Will Benefit:

  • Insurance Compliance Professionals
  • Insurance Legal Staff
  • Insurance Government Affairs Representative
  • Insurance Finance
  • Insurance Accounting Staff
  • Insurance Risk Managers
Instructor Profile:
Adam Kerns

Adam Kerns
Assistant General Counsel, American Insurance Association

Adam Kerns joined the American Insurance Association (AIA) in 2012 as an Assistant General Counsel and has a JD and CPA. He concentrates on state, federal, and international financial regulatory initiatives. His current areas of responsibility include group supervision, group capital, corporate governance, solvency, and climate change.

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Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).

 

 

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