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The product of the RRDM shall be a set of recommended data models for each of the Property Casualty (P&C) lines of business that are required to be reported in accordance with the NAIC Statistical Handbook.  These data models shall be forwarded and adopted by the OpenIDL Regulatory Reporting Steering Committee.  The data models shall consist of the data elements that are necessary to satisfy statistical reporting requirements as defined in the NAIC Statistical Handbook.  The data model may also include optional data elements that may be useful for satisfying state and federal regulatory data calls.  To the extend possible, data models should adopt definitions previously determined by NAIC and/or other recognized P&C regulatory agency.



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