Contingent Annuity Work Group

This work group will proactively represent the Academy's position to regulators, the industry, and other stakeholders. The work group will recommend how to respond to the NAIC on issues associated with contingent annuities.

Staff liaison: Ian Trepanier

Chairperson: Andy Ferris
Noel Abkemeier
Nancy Bennett
Peter Bondy
David Hippen
Barbara Lautzenheiser
Kenneth Mungan
Cande Olsen
Timothy Pfeifer
Sara Richman
Saba Rizvi
Linda Rodway
Steven Thiel
James Thompson

Related Publications

Contingent Annuity Issues Work Group comment letter to NAIC Contingent Deferred Annuity (A) Working Group on regulatory guidance for issuers of CDAs. (November 07, 2014)
Contingent Annuity Work Group comments to NAIC Contingent Deferred Annuity Working Group on regulatory guidelines for CDAs. (September 12, 2014)
Contingent Annuity Issues Work Group responses to questions from the NAIC regarding the reserving and capital requirements for contingent annuities.
(March 21, 2014)
Contingent Annuity Work Group comments on the NAIC Contingent Deferred Annuity (A) Working Group's February 13 draft recommendation to the Life Insurance and Annuities (A) Committee. (February 20, 2013)
Comment letter to the to the NAIC’s Contingent Deferred Annuity (A) Working Group outlining the applicability of Actuarial Guideline 43 and C-3 Phase II to reserving and capital standards for Contingent Deferred Annuities. (December 21, 2012)
Contingent Annuity Work Group comments on the definition of Contingent Deferred Annuities proposed by the ACLI and IRI and exposed by the Contingent Deferred Annuities (A) Working Group. (November 19, 2012)
Life Practice Council presentation to the NAIC CDA Working Group regarding the solvency and risk management implications of contingent annuities. (June 27, 2012)
Comment letter to the NAIC’s Contingent Deferred Annuity (A) Subgroup with an analysis comparing market returns for contingent deferred annuities and self insurance. (February 15, 2012)
The Risk Analysis Subgroup of the CAIWG responded to question from the NAIC CDA Subgroup
(February 09, 2012)
Contingent Annuity Issues Work Group presentation to the NAIC Contingent Deferred Annuity (A) Subgroup comparing two different investment arrangements: typical contingent annuity design vs. self insurance. (January 19, 2012)
Contingent Annuity Work Group presentation to the NAIC's Contingent Deferred Annuity (A) Subgroup on contingent annuities, submitted to the NAIC on October 28, 2011. (December 22, 2011)
Contingent Annuity Issues Work Group comment letter to the NAIC Life Insurance and Annuities (A) Committee regarding significant issues associated with contingent annuity products. (October 28, 2011)
Contingent Annuity Issues Work Group analysis assisting the National Association of Insurance Commissioners in its work involving contingent annuities. (October 28, 2011)
Contingent Annuity Work Group presents at interim NAIC meeting
CAIWG Responds to Questions from the NAIC on Contingent Annuities
Work Group Submits Comments on Regulatory Guidelines for CDAs
Work Group Submits Comments on Updated Regulatory Guidance for Issuers of CDAs