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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. The changes are effective December 31, 2021.

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Regulatory Update: NAIC Summer 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

However, Chair Gensler highlighted that disclosure regimes evolve over time and stated that he has asked the staff to make recommendations related to public companies’ cybersecurity practices and cyber risk disclosures as well as disclosures that must be made once cyberevents have occurred. Best Practices for Public Companies.

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The benefits of AI in healthcare

IBM Big Data Hub

How does artificial intelligence benefit healthcare? According to Statista , the artificial intelligence (AI) healthcare market, valued at $11 billion in 2021, is projected to be worth $187 billion in 2030. AI-enabled robots can work around sensitive organs and tissues, reducing blood loss, infection risk and post-surgery pain.

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Ransomware Protection in 2021

eSecurity Planet

Here, then, is a comprehensive look at ransomware, what it is, how to prevent it, and what to do if you become one of its unfortunate victims. How ransomware works. Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. Jump to: What is ransomware? Preventing ransomware.

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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

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Part 3: OMG! Not another digital transformation article! Is it about effecting risk management and change management?

ARMA International

Here, Part 3 discusses how to manage the various DT risks. This discussion includes methods, tools, and techniques such as using personae and identifying use cases that have high business value, while minimizing project risks. The uncertainty can result in a perception of risk – empirical or conjectural. Introduction.