Authored by: Lynn Manchester, Director, Veronika Cooper, Consulting Actuary The VM-22 (A) Subgroup is requesting comments on the question of whether to include Guaranteed Investment Contracts (GICs), Synthetic Guaranteed Investment Contracts (SGICs), Funding Agreements, and Stable Value Contracts in the scope of VM-22 (the Exposure). RRC appreciates the opportunity to offer our comments on the...
Authored by: Dave Heppen, Partner, Lynn Manchester, Director, Veronika Cooper, Senior Associate, Becky Sheppard, Senior Manager The Risk-Based Capital Model Governance (EX) Task Force exposed a new document on February 10, 2026, requesting comments “…from interested parties to identify gaps and inconsistencies across the RBC framework”. Risk & Regulatory Consulting, LLC (“RRC”) regularly supports regulators...
Authored by: Patricia Matson, FSA, MAAA, Partner, Lynn Manchester, FSA, MAAA, Director and Janine Bender, ASA, MAAA, Supervisor The Risk-Based Capital Model Governance (EX) Task Force is requesting comments on the proposed preliminary Risk-Based Capital (“RBC”) principles and questions (“the Exposure”). Risk & Regulatory Consulting, LLC (“RRC”) appreciates the opportunity to offer our comments on...
Authored by: Tricia Matson, Partner and Lynn Manchester, Director and Janine Bender, Supervisor The Generator of Economic Scenarios (“GOES”) (E/A) Subgroup (“Subgroup”) is requesting comments on the GOES Model Governance Framework Draft (“the Exposure”). RRC appreciates the opportunity to offer our comments on the Exposure. Should you have any questions, we would be glad to...
RRC Comments Regarding GIC Funding Agreements and Stable Value Contracts in Scope of VM-22