Life Reports to the NAIC

Report on the valuation effects of principle-based reserving for certain universal life products. (December 1, 2006)
Report on principle-based reserving for participating whole life products. (December 1, 2006)
Example of Mortality Assumption Development
Example of mortality assumption development (Excel). (December 1, 2006)
Comment Letter on proposed NAIC unfair trade amendment. (December 1, 2006)
Life Governance Team comments on Corporate Governance for Risk Management Act and the accompanying Corporate Governance for Risk Management Model Regulation drafts. (December 1, 2006)
IAWG revision of revised hybrid securities work plan. (December 1, 2006)
LRWG proposal to AG PBR-VAL on setting asset assumptions. (November 1, 2006)
LRWG Update on non-guaranteed element (November 1, 2006)
Valuation Manual draft from Valuation and Law Manual Team. (November 1, 2006)
Valuation and Law Manual Team status report (November 1, 2006)
Hybrid securities work plan from IAWG. (November 1, 2006)
Comments on PBA Review of Principles-based Valuation from Principle-based Review and Governance Work Group. (October 23, 2006)
Variable Annuity Reserves Work Group report on AG VACARVM exposure draft. (October 1, 2006)
Life Practice Council comments on a proposed revised standard valuation law (October 1, 2006)
Paper for testimony at an NAIC committee hearing on considering travel destination in life underwriting (September 9, 2006)
Life Products Council paper supporting a move to a principles-based system to the NAIC's Life Insurance and Annuities Committee regarding the travel underwriting issue. (September 9, 2006)
Life Reserves Work Group presentation to the NAIC's Life and Health Actuarial Task Force regarding updated drafts of the model regulation and actuarial guidelines, federal income tax considerations, individual assumption margins, aggregation, and discount rates. (September 8, 2006)
Risk Management and Financial Soundness Committee presentation to the NAIC's Life and Health Actuarial Task Force regarding the principle-based project. (September 7, 2006)
Life Reserve Work Group updated draft actuarial guidelines on reserve documentation and disclosure (AG DIS), on life valuation assumptions (AG PBR-VAL), updated draft model regulation on principle-based life reserving, and summary of changes to the NAIC's Life and Health Actuarial Task Force. (September 1, 2006)
Principle-Based Review and Governance Work Group draft model regulations to the NAIC's Life and Health Actuarial Task Force regarding principles-based valuation review opinions. (September 1, 2006)