SVL Interest Rate Modernization Work Group

This work group will review the current methodology, and if appropriate, recommend changes to the current methodology for establishing the "dynamic" valuation interest rates in the SVL.

Staff liaison: Ian Trepanier

Chairperson: Paul Hance
Vice Chair: Christopher Conrad

Daniel Adams
Siksha Dhar
William Freese
Casey Fyffe
Nicholas Gabriele
Heather Gordon
Marshall Lin
Shuo Liu
John Miller
Mark Sayre
Michael Theisz
Miles Williams
Corwin Zass

Related Publications

Standard Valuation Law Interest Rate Modernization Work Group presentation to the NAIC's Life Actuarial Task Force (LATF) summarizing its activities on its new project to modernize the process of setting valuation interest rates for non-variable annuities (except SPIAs).
(August 05, 2017)
SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 (A) Subgroup on the VM-22 Maximum Valuation Interest Rates for Income Annuities draft report. (March 14, 2017)
SVL Interest Rate Modernization Work Group comments on a revised weighting methodology proposal to the NAIC's VM-22 (A) Subgroup. (February 17, 2017)
Standard Valuation Law Interest Rate Modernization Work Group comments to the NAIC’s Life Actuarial Task Force (LATF) on its “VM-22: Maximum Valuation Interest Rates for Income Annuities” exposure draft. (January 25, 2017)
Work Group Comments on Valuation Rate Buckets for Proposed VM-22 for Income Annuities Draft
SVL Interest Rate Modernization Work Group comments on valuation rate buckets to the NAIC's VM-22 (A) Subgroup on its exposure draft on the VM-22 maximum valuation interest rates for income annuities. (November 02, 2016)
SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 (A) Subgroup on Non-Jumbo and Jumbo Sample Calculations on valuation interest rates. (September 21, 2016)
SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 Subgroup of the Life Actuarial Task Force (LATF) in a question-and-answer format on the determination of statutory valuation interest rates. (July 15, 2016)
SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 Subgroup of the Life Actuarial Task Force (LATF) on questions and answers in response to statutory regulations regarding the determination of statutory valuation interest rates. (April 25, 2016)