Life Reports to the NAIC

Life Financial Soundness/Risk Management Committee report on considerations in determining whether to apply principle-based reserving to in-force contracts. (June 1, 2006)
SVL2 presentation to LHATF on the principle-based project (June 1, 2006)
Life Capital Adequacy Subcommittee comments to the NAIC Life RBC Working Group regarding the proposed 2006 life RBC instructions. (May 22, 2006)
Life Reserves Work Group report  to LHATF regarding principles-based reserves for universal life with a secondary guarantee based on a shadow fund. (April 1, 2006)
Life Reserve Work Group presentation to LHATF regarding a Principles-based Valuation Standard for Life Products. (March 2, 2006)
LCAS report to the NAIC Life RBC Working Group regarding modified coinsurance. (March 1, 2006)
Variable Annuity Reserve Work Group comments to LHATF regarding proposed changes to AG VACARVM. (March 1, 2006)
LRWG report on aggregate margins to the NAIC Life and Health Actuarial Task Force. (March 1, 2006)
LRWG report to LHATF regarding considerations for application of principle-based reserving to inforce blocksof business. (March 1, 2006)
Life Reserves Work Group presentation to LHATF on 20-year-term margin examples, and accompanying spreadsheet. (March 1, 2006)
Life Reserves Work Group report on modeling principle-based reserves for 20-year level premium term insurance. (March 1, 2006)
Life Reserves Work Group comments on a New York principle-based reserve memo. (March 1, 2006)
Consistency Work Group report to LHATF defining the principles in the principle-based approach. (March 1, 2006)
C3 Phase II Web Page
http://dev.actuary.org/content/c3-phase-ii-rbc-and-reserves-project updated with Academy material recently provided to the NAIC, including a second set of pre-packaged scenarios for common asset classes typically needed in the stochastic cashflow projections of variable annuities, an updated LCAS report documenting the construction of the pre-packaged scenarios and providing guidance on using them, an updated scenario picking tool, an enhanced version of the C3 Phase I RBC interest-rate generator, and pseudo-random numbers used in the pre-packaged scenarios (January 1, 2006)
Report on proposed new RBC risk factors for Medicare Part D coverage. (December 3, 2005)
Proposed Health RBC Instruction Changes to NAIC from the Medicare Part D Subgroup (September 10, 2005)
Proposed Health RBC Formula Changes
Proposed Health RBC Formula Changes (September 10, 2005)
Proposed Life RBS Instruction Changes to NAIC from Medicare Part D Subgroup (September 10, 2005)
Life RBC Changes to NAIC from Medicare Part D Subgroup
Life RBC Changes to NAIC from the Medicare Part D Subgroup (September 10, 2005)
Memo to the NAIC from the Medicare Part D Subgroup, with proposed health RBC instruction and health RBC formula changes, proposed life RBC instruction and life RBC formula changes, and explanatory slides (September 9, 2005)