Life Valuation Committee

The Life Valuation Committee proactively seeks to provide actuarial support, advice, and communication on life insurance topics that involve the valuation of life insurance and annuity products. The committee addresses issues that involve the valuation of, and support for the valuation of, statutory and tax reserves for these products. The committee also provides support to the Life Financial Reporting Committee on GAAP reserve issues.


Staff liaison: Ian Trepanier

Chairperson: Alice Fontaine

Vice Chairperson: Jo Beth Stephenson
Brian Bayerle
Benjamin Bock
Thomas Campbell
Katie Cantor
Mary Caramagno
Robert DiRico
Alice Fontaine
Vincent Gallagher
Gregory Gurlik
Judith Hanna
Laura Hanson
David Hippen
Stephen Krupa
Jeffrey Lortie
James Merwald
Colleen Murray
David Neve
David Ramsey
Sonia Reigles
James Reiskytl
Linda Rodway
Karen Rudolph
Sheldon Summers
James Thompson
Michael Ward
Xiaobo Zhou

Related Publications

SVL Interest Rate Modernization Work Group comments to the NAIC's V-22 Subgroup of the Life Actuarial Task Force on statutory regulations regarding the determination of statutory valuation interest rates. (February 23, 2016)
Actuarial Guideline 33 Non-elective Incidence Proposal Work Group presentation to the NAIC Life Actuarial Task Force with proposed language to Actuarial Guideline 33 to address non-elective incidence reserve issue.
(March 28, 2014)
Proposal by the Actuarial Guideline 33 Non-Elective Task Force to the NAIC Life Actuarial Task Force regarding reserves for non-elective incidence under Actuarial Guideline 33.   (August 22, 2013)
The Academy Life Valuation Subcommittee submitted a comment letter to the NAIC Joint Working Group of the Life Insurance and Annuities (A) Committee and Financial Condition (E) Committee regarding their draft Framework on Actuarial Guideline 38.
(January 30, 2012)
Variable Annuity Practice Note Work Group practice note on the Application of C-3 Phase II and Actuarial Guideline XLIII. (April 06, 2011)
Life Valuation Subcommittee report on the impact of the new annuity standard nonforfeiture law on reserves to the NAIC. (October 21, 2003)
Non-Elective Incidence Work Group Presents Proposal for AG 33
Work Group Submits Comments to NAIC on Statutory Valuation Interest Rates