What criteria are used to determine the nature and scope of insurer examinations?

The criteria used to determine the nature and scope of insurer examinations are largely informed by results from financial analyses, management changes, and actuarial opinions. This is because insurer examinations aim to assess the financial health and operational integrity of insurance companies. Such examinations utilize detailed financial analyses to evaluate the insurer's financial stability, ensuring it can meet its obligations to policyholders.

Management changes can also indicate potential risks or shifts in the operational direction of the company, making it essential to evaluate how these changes impact the insurer's strategy and risk profile. Actuarial opinions provide insights into the adequacy of reserves and the pricing of the insurer’s products, which are critical for assessing overall solvency and regulatory compliance.

The other options, while relevant in different contexts, do not directly align with the main criteria for insurer examinations. Annual reports and surveys may provide useful information but are typically components of a broader assessment rather than key criteria. Regulatory changes and market trends are important but serve more as contextual factors influencing the examination process rather than direct criteria. Social media activity, although an emerging area of interest for some regulators, does not constitute a fundamental aspect of determining the nature and scope of insurer examinations.