Life News

The Life Reserves Work Group submitted a revised amendment proposal form to the NAIC on the aggregation of mortality segments for the purpose of determining credibility.  (September 12, 2018)
The RBC Tax Reform Work Group submitted a guidance document to the NAIC on the interpretation of life risk-based capital results in light of the 2017 Tax Cuts and Jobs Act.  (September 7, 2018)
The Life Illustrations Work Group submitted a comment letter to the NAIC on draft changes to Model #582.  (August 31, 2018)
The Macroprudential Task Force submitted a comment letter to the NAIC on the exposed scope for liquidity stress testing.  (August 31, 2018)
The Academy's Life and Health Valuation Law Manual Task Force submitted a comment letter to the NAIC Life Actuarial (A) Task Force outlining recommended changes to the 2019 Life and Health Valuation Law Manual.  (August 16, 2018)
Chris Trost, chairperson of the C-2 Work Group, gave an update on the group's projects to the NAIC Life Risk-Based Capital (E) Working Group.  (August 4, 2018)
Laura Hanson, chairperson of the Life and Health Valuation Law Manual Task Force, gave an update on potential changes to the 2019 Manual.  (August 3, 2018)
Donna Claire, chairperson of the PBR Governance Work Group, provided an update on PBR adoption and Academy involvement to the Life Actuarial (A) Task Force.  (August 3, 2018)
Mary Bahna-Nolan, chairperson of the Life Experience Committee, presented an update to the Life Actuarial (A) Task Force on the Delphi Study, Accelerated Underwriting, and VM-51 data elements.  (August 2, 2018)
Chris Conrad, vice chairperson of the SVL Interest Rate Modernization Work Group, presented an update to the Life Actuarial (A) Task Force.  (August 2, 2018)
John Miller and Matt Coleman, co-chairpersons of the Annuity Reserves Work Group, presented an update to the Life Actuarial (A) Task Force on their annuity exclusion test efforts.  (August 2, 2018)
Paul Navratil, chairperson of the Longevity Risk Task Force, presented an update on the Longevity Risk Survey to the Life Actuarial (A) Task Force.  (August 2, 2018)
Members of the Reinsurance Work Group presented an update on reinsurance allocation to the Life Actuarial (A) Task Force.  (August 2, 2018)
The C1 Work Group submitted a comment letter to the Investment Risk-Based Capital (E) Working Group on alternative C1 bond factors for different levels of statutory reserve offset.  (July 17, 2018)
The Macroprudential Task Force submitted a comment letter to the NAIC Liquidity Assessment (EX) Subgroup on the considerations for a liquidity stress test.  (July 16, 2018)
The AG43/C3 Phase II Work Group submitted a comment letter to the Variable Annuities Issues Working Group on proposed policyholder behavior assumptions.  (July 16, 2018)
The AG43/C3 Phase II Work Group submitted a comment letter on the May 31 exposure of the Variable Annuities Issues Working Group Framework.  (July 13, 2018)
The Lifetime Income Risk Joint Task Force submitted a comment letter to Congress on the Lifetime Income Disclosure Act. (July 6, 2018)
The AG43/C3 Phase II Work Group submitted a comment letter to the NAIC on the assumption governance for Actuarial Guideline 43.  (July 5, 2018)
The Annuity Illustration Work Group submitted a comment letter to the NAIC on proposed changes to the Annuity Disclosure Model Regulation #245.  (July 2, 2018)