AmericanAcademyOfActuaries

Life Insurance Financial Reporting Committee practice note regarding policyholder protection in mutual life insurance company reorganizations.

Life Financial Reporting Committee practice note regarding the distribution of policyholder equity in a demutualization.

Committee on Life Insurance practice note regarding additional questions to some of the current practices that could be used by illustration actuaries in the United States.

Committee on Life Insurance practice note presenting a description of some of the current practices that could be used by illustration actuaries in the United States.

State Health Committee work group practice note discussing acceptable practice for all forms of group and individual accident and health policies and contracts. The practice note does not apply to post retirement benefit obligations at this time, but may apply to products sold in meeting these obligations.

Practice Note developed by the Committee on Health Financial Issues that addresses questions and issues regarding the valuation actuary’s responsibilities under the Standard Valuation Law, the NAIC model Actuarial Opinion and Memorandum Regulation, and the Actuarial Standards Board’s actuarial standards of practice (ASOPs) related specifically to determining adequate reserve levels and asset adequacy for long-term care insurance. 

Practice Note developed by a work group of the State Health Comittee to address issues related to groups not affected by small group reform and in excess of 50 lives where retrospective experience rating and self-funding are employed. 

Practice Note developed by a work group of the State Health Committee that addresses questions and issues regarding the valuation actuary's responsibility for compliance with the model Standard Valuation Law (SVL), the NAIC model Actuarial Opinion and Memorandum Regulation (hereafter the Model Regulation), and the Actuarial Standards Board's actuarial standards of practice as related to preparing a statutory statement of opinion on major medical insurance individually solicited, sold, purchased, and underwritten, whether done through the traditional individual contract, or through grou

Practice Note developed by a work group of the State Health Committee that addresses questions and issues regarding the actuary's responsibilities for compliance with the model Standard Valuation Law (SVL), the NAIC model Actuarial Opinion and Memorandum Regulation (hereafter the Model Regulation), and the Actuarial Standards Board's actuarial standards of practice (ASOPs) related specifically to determining adequate reserve levels for group long-term disability (GLTD) insurance coverage.

Practice Note developed by a work group of the State Health Committee to address the issue of small group certification requirements. PLEASE NOTE: This practice note was superseded by the 2009 practice note on the Actuarial Certification of Restrictions Relating to Premium Rates in the Small Group Market.