W
Will Behnke
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Jul 31, 2026
Policy Update: Representing the U.S. Actuarial Perspective Globally
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Ted GotchHOST
Can you just explain to listeners what this committee is and how it relates to international issues? Of

Will BehnkeGUEST
So generally, prudential regulation is centered around solvency and covers topics like capital, asset liability management, group supervision, and emerging risks like climate and cyber.

Will BehnkeGUEST
The American Academy of Actuaries Prudential Regulation Committee, or PRC, drives the Academy's efforts on solvency and capital issues while serving as the primary resource on these topics across all practice areas, including life, health, property and casualty, as well as some retirement pension.

Will BehnkeGUEST
It provides expert input to the national and international bodies responding to regulatory requests from the perspective of U.S. actuaries, as well as engaging in crucial matters that both insurance companies and regulators care about and are interested

Will BehnkeGUEST
So the main other committee that is heavily involved internationally is the Financial Reporting Committee, or the FRC.