Over the past several years, the Securities and Exchange Commission (SEC) has sent comment letters to property and casualty insurance companies regarding their loss reserve disclosures in their 10K and MD&A. These letters typically ask for more detail and disclosure surrounding the process the company uses to set reserves, the key assumptions and/or judgments in the process, and the variability of the unpaid liabilities. While many companies have responded with more detailed disclosures, the transparency and effectiveness of disclosures in our industry still varies to a wide degree, and many companies continue to receive these comment letters. Our panel is comprised of actuaries and other professionals that have significant experience with the SEC as it relates to loss reserve disclosures. The panel will discuss the guidance issued by the SEC that is specific to property and casualty insurance reserves, our experiences with the SEC in making disclosures more effective and transparent, and highlight examples of companies that have exceptional disclosures.