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In episode 8 of the Everything GOES podcast, guests Dan Finn and Bill Pauling discuss the validation process—the tests that Conning and the NAIC undertake to ensure that the scenarios are correct and lie within the expected bounds.
Disclaimer
The views, information, or opinions expressed during this podcast are solely those of Conning, Inc.’s representatives and do not necessarily reflect those of the NAIC. Conning, Inc. has been retained by the National Association of Insurance Commissioners (“NAIC”) to provide, maintain and support a Generator of Economic Scenarios (“GOES”) for prescribed use in certain statutory calculations. Any representations made with respect to the NAIC's statutory reserve and capital requirements or the GOES are the opinions of Conning, Inc. and do not constitute NAIC regulatory guidance.
