Consolidation of statistical reporting requirements and data call elements
Discussions regarding iterative improvements to the current data model for regulatory reporting using openIDL
Published documentation and models for review and revision
Tracking of the backlog items for model improvement

Amending the Charter

When the charter needs to be updated a request should be made to the RRSC. If the RRSC wishes to move forward with the request it will convene a new charter sub-committee to review and propose a changes to the existing charter. The RRSC will vote to approve or reject the changes to the charter.

Operating Principles

RRDM Chair

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Elements of each line of business data model will designate data elements as 1) Minimum Stat 2) Expanded Stat or 3) Regulatory Request. Required elements are essential data elements that will satisfy existing NAIC Statistical Handbook reporting requirements and must be populated by companies in their Harmonized Data Store. Supplemental data elements are currently included in the Line of Business AAIS Statistical Plan but may not be necessary for satisfying reporting requirements but may be useful in analysis and data call reporting. Emerging data elements are currently not included AAIS Line of Business Statistical Plans and may be useful in analysis and data call reporting. Companies are not required to populate in their Harmonized Data Store either Supplemental or Emerging data elements but will not also enjoy the benefits having those elements available within the OpenIDL community for group analysis and data call reporting.