Work Group Releases Practice Note on Life Principle-Based Reserves Under VM-20

May 18, 2017
The Life Principle-Based Approach Practice Note Work Group released the final practice noteLife Principle-Based Reserves Under VM-20, to assist actuaries with the implementation of the principle-based life reserve valuation approach adopted by the NAIC as detailed in the Requirements for Principle-Based Reserves for Life Products—VM-20.