Life Reports to the NAIC

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)
Universal Life Work Group update of draft framework for principle-based life reserve valuation describing initial modeling results. (September 1, 2005)
Updated draft framework for principle-based life reserve valuation describing initial modeling results. (September 1, 2005)
Report to NAIC Capital Adequacy Task Force on Modco status report (September 1, 2005)
Universal Life Work Group draft framework for principle-based life reserve valuation (Main report with hyperlinks to several other documents). (June 1, 2005)
Universal Life Work Group presentation of a draft framework for principle-based life reserve valuation. (June 1, 2005)
Regulatory Review Framework Recommendations from SVLII Work Group (June 1, 2005)
C3 Phase 2 Report to NAIC (June 1, 2005)
Draft actuarial guideline on variable annuity reserving (Main Document) (June 1, 2005)
Draft actuarial guideline on variable annuity reserving (attachment) (June 1, 2005)
Update from the Nonforfeiture Improvement Work Group (June 1, 2005)