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Springing into NAIC regulatory changes

05.12.2026 | Duration: 31:06

Explore the NAIC's focus on AI governance, IMR and updates to RBC for insurers.

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Podcast overview

Staying ahead in the insurance industry requires a keen understanding of the regulatory horizon. This episode brings you analysis of the NAIC's latest developments from its Spring 2026 meeting. We break down the four strategic priorities guiding regulators, from enhancing capital frameworks to leading on AI governance. Learn about the practical impact of adopted changes – such as the new reinvestment tests for negative Interest Maintenance Reserve (IMR) – and get a first look at what’s being proposed for derivatives and funding agreements.

We also dissect the ongoing debates that will define future rules, including the appropriate rick-based capital (RBC) charges for collateralized loan obligations (CLOs) and collateral loans, as well as the push for greater transparency from third-party data vendors. This is your essential guide to the key accounting, actuarial and technological shifts on the NAIC's agenda. Tune in to equip your organization with the knowledge needed to navigate this period of significant transformation.

Podcast contents

  • 00:20 – Shaping the future: NAIC's 2026 strategic priorities
  • 04:15 – The new rules of accounting: IMR & hedging derivatives
  • 14:15 – Capital under the microscope: CLOs & RBCs
  • 19:40 – Actuarial frontiers: Navigating VM-22 updates
  • 21:20 – Regulating the tech era: AI governance & vendor oversight
  • 29:15 – Final takeaways: Preparing for regulatory change

Meet our team

Image of Olga Roberts
Olga Roberts
Managing Director, Dept. of Professional Practice, KPMG US
Image of Sean Egan
Sean Egan
Partner, Audit, KPMG US

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