Life Reports to the NAIC

Review and recommendation for definitions in VM-01. (March 1, 2010)
Annuity Illustrations Work Group presentation to NAIC Annuity Disclosure Working Group on annuity illustration guidelines. (March 1, 2010)
Amendment to VM-20 by the Life Reserves Work Group with accompanying theoretical foundation. (March 1, 2010)
Joint Academy/SOA update on mortality development and margins. (March 1, 2010)
Life Reserves Work Group report to LHATF in response to an SOA report on PBA. (March 1, 2010)
Life Reserves Work Group report to LHATF on margins in Universal Life with a Secondary Guarantee. (March 1, 2010)
Response from the LRWG on New York Insurance Department’s proposed changes to the use of economic scenarios in VM-20 (December 3, 2009)
Letter from LFSRM to LHATF on the status of review of country specific regulatory responses to the financial crisis. (December 3, 2009)
Life Reserves Work Group presented on it's findings in its report on Asset Default Costs for VM-20 to LHATF. (December 3, 2009)
Update to LHATF regarding a general revision of life and annuity standard nonforfeiture laws. (December 1, 2009)
Nonforfeiture Improvement Work Group update on general revision of life and annuity standard nonforfeiture laws to LHATF at the 2009 NAIC Winter Meeting. (December 1, 2009)
Life Risk Based Capital Working Group slides for the PBR educational session presented by members of the Academy and LHATF. (September 30, 2009)
Life Reserves Work Group's Asset Subgroup presentation on addressing existing asset default costs in principle-based reserves calculations. (September 21, 2009)
Report by the Academy-SOA Payout Annuity POG on issues regarding a new mortality table. (September 21, 2009)
Report by the Academy-SOA Valuation Table Team and document (Excel spreadsheet) on reserves for term and ULSG blocks. (September 21, 2009)
Amendment to VM-20 on assumptions requirements for principle-based reserves for life products. (September 1, 2009)
Consistency Work Group amendment to VM-00 clarifying risks to be included in a principle-based valuation. (September 1, 2009)
Valuation Table Team comment letter on concerns expressed by the American Council of Life Insurers to LHATF regarding the 2008 VBT Tables developed by the Valuation Basic Table Team. (July 28, 2009)
LRWG Asset Modeling Subgroup presentation to LHATF on methods for setting prescribed default costs on existing fixed income investments in VM-20. (June 11, 2009)
Annuity Reserves Work Group report to LHATF on valuing interest rates applicable to Guaranteed Lifetime Income Benefits for fixed deferred annuities. (June 11, 2009)