Life Valuation Subcommittee

The Life Valuation Subcommittee (with support from the Life Financial Soundness/Risk Management 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 subcommittee addresses issues that involve the valuation of, and support for the valuation of, statutory and tax reserves for these products. The subcommittee also provides support to the Life Financial Reporting Committee on GAAP reserve issues.

Staff liaison: John Meetz

Chairperson: Alice Fontaine

Vice Chairperson: Jo Beth Stephenson
Thomas Campbell
 Katherine Campbell
 Mary Caramagno
 Franklin Clapper
 Robert DiRico
 John Engelhardt
 Todd Erkis
 Vincent Gallagher
 Gregory Gurlik
 Judith Hanna
 Carl Harris
 David Hippen
 Stephen Krupa
 James Lamson
 Jeffrey Lortie
 Katie McCarthy
 James Merwald
 John Morris
 Kyle Mulholland
 Colleen Murray
 David Neve
 David Ramsey
 James Reiskytl
 Linda Rodway
 Martin Snow
 Sheldon Summers
 Michael Ward
 Xiaobo Zhou

Related Publications

Academy LVS submits comments on AG 38 Framework
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)
Application of C-3 Phase II and Actuarial Guideline XLIII
Variable Annuity Practice Note Work Group practice note on the Application of C-3 Phase II and Actuarial Guideline XLIII. (April 06, 2011)
Report on Impact of New Annuity Standard Nonforfeiture Law on Reserves
Life Valuation Subcommittee report on the impact of the new annuity standard nonforfeiture law on reserves to the NAIC. (October 21, 2003)