Everything GOES

On its current timeline, the National Association of Insurance Commissioners (NAIC) plans to switch the models it uses for reserve and capital calculations in January 2026, from the Academy Interest Rate Generator (AIRG) to Conning’s Generator of Economic Scenarios, or GOES. Everything GOES is a podcast for insurers who want to learn more about this transition and what it will mean for them and their process. Guests Daniel Finn, ASA, and Casey Pursley will provide background details about the change as well as explorations into the differences between the models and how those differences may affect scenario results. 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.