Description: The key tasks of credit risk capital project under CROSS II mainly focus onL(1 )Adjustment of measurement framework; (2) Calibration of risk factors, including both credit spread risk and credit default risk;3)Introduction of concentration risk measurement; (4) Higher requirement on look-through rule.

Description: In September 2017, the China Insurance Regulatory Commission (CIRC) issued the “C-ROSS Phase II project construction plan”, planned to be used across three years’ time, by perfecting the regulations, improving the operational mechanism and strengthening the regulatory cooperation.

Description: This teaching session, number 37TS, was presented at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The instructors ask: “Are you responsible for the completion of work that requires the assistance of people you have no authority over? How do you get things done if you're not in charge and can't do it all yourself? Do you have peers, project team members, and at least one boss who impacts the results you are able to achieve? To be more effective, how can you enlist the help of others who do not report to you?” Discussion from participants is included. From Record of Society of Actuaries, Volume 26, No. 3.