Variable Annuity Reserve Work Group

The Variable Annuity Reserve Work Group is working with the NAIC to develop a proposal for a principles-based reserve requirement for variable annuity products.

Staff liaison: John Meetz

Chairperson: Tom Campbell

Vice Chairperson: Jim Lamson

Related Publications

VARWG Responds to Issues Raised by LHATF on AG VACARVM
Variable Annuity Reserves Work Group response to issues raised by LHATF on AG VACARVM during the Spring 2007 NAIC Meeting. (June 30, 2007)
Updated VARWG Report and Corresponding Presentation to LHATF
(March 31, 2007)
Variable Annuity Report to NAIC
Variable Annuity Reserves Work Group report on AG VACARVM exposure draft. (October 01, 2006)
Report on Proposed Actuarial Guideline
Report on results of survey about proposed actuarial guideline VACARVM (commissioners' annuity reserve valuation method for variable annuities redefined) (June 01, 2006)
VARW Report to NAIC on Reserve Methodology for Variable Annuity Products
Variable Annuity Reserve Work Group report to the NAIC on reserve methodology for variable annuity products that uses the principles of the proposed Risk Based Capital (RBC) C-3 Phase II approach. (March 01, 2004)
VARWG Report on Reserve Methodology to NAIC
Variable Annuity Reserve Work Group report to the NAIC on the ongoing work surrounding the development of a reserve methodology for variable annuity products that uses the principles of the proposed Risk Based Capital (RBC) C-3 Phase II approach. (December 01, 2003)
VARWG Update to NAIC on Reserve Methodology for Variable Annuity Products
Variable Annuity Reserve Work Group report to the NAIC summarizing its work to develop a reserve methodology for variable annuity products. (September 01, 2003)
VARWG Report on Reserve Methodology Using RBC C-3 Phase 2 Principles
Variable Annuity Reserve Work Group report regarding a reserve methodology using RBC C-3 Phase 2 principles. (June 01, 2003)
VARWG Report on Reserve Methodology and RBC C-3 Phase 2 Approach
Variable Annuity Reserve Work Group report on reserve methodology and the RBC C-3 Phase 2 approach to the NAIC. (March 01, 2003)