Life Reports to the NAIC

Actuaries Present Valuation Manual Draft to the NAIC. (March 31, 2007)
Life Practice Council presentation to the NAIC Principles-Based Reserving (EX) Working Group with a status report summarizing Council plans for prinicple-based activities in 2007. (March 12, 2007)
Presentation on the modernization in insurance regulation given by the Kansas Insurance Department. (March 10, 2007)
Letter to the chairman of the NAIC Life Insurance and Annuities Committee from the Life Products Committee on revisions to NAIC Unfair Trade Practices Act Concerning Travel Underwriting with suggested revisions. (January 31, 2007)
Life Reserves Work Group update on draft actuarial guidelines on reserve documentation and disclosure. (December 1, 2006)
Updated Actuarial Guideline PBR-VAL from the Life Reserves Work Group presented to the National Association of Insurance Commissioners’ Life and Health Actuarial Task Force. (December 1, 2006)
Life Reserves Work Group update of draft model regulation on principle-based life reserving. (December 1, 2006)
Life Reserves Work Group summary of changes made in all three documents: AG DIS, AG PBR-VAL, and draft model regulation on principle-based life reserving. (December 1, 2006)
C3 Phase 3 Report from the Life Capital Work Group. (December 1, 2006)
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)