NAIC Report: 2025 Fall National Meeting

Hollywood, Florida hosted the 2025 Fall National Meeting (the “Fall National Meeting”) of the National Association of Insurance Commissioners (the “NAIC”) from December 8 to December 11, 2025. Highlights from the Fall National Meeting include:

• The Risk-Based Capital Model Governance (EX) Task Force (the “RBC (EX) Task Force”) adopted guiding principles addressing the purpose and use of RBC and outlining concepts for the maintenance of and future updates to the RBC framework.
• Executive and Plenary adopted revisions to SSAP No. 61—Life, Deposit-Type and Accident and Health Reinsurance clarifying risk transfer requirements for combination reinsurance contracts.
• The Big Data and Artificial Intelligence (H) Working Group met in an extended session to discuss the Artificial Intelligence (AI) Systems Evaluation Tool resource for insurance regulators examining AI systems used by regulated entities.

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