This session will discuss components of the Health and Life Risk-Based Capital (RBC) formulas and provide insights into the formulas. From a health actuarial perspective, the session will delve into significant risks to focus on to manage health RBC and impact of provider contracting arrangements on RBC. From a life actuarial perspective, the session covers optimal asset allocation for life insurance companies and how the optimal allocation may change based on planned changes to the Life RBC rules. Recent and future planned changes to National Association of Insurance Commissioners (NAIC) Health and Life RBC formula will also be discussed.
1.50 SOA CPD