Principles-based update
Life Practice Council webcast
June 22, 2006
The Academy’s June 2006 Life Practice Council webcast, which provided an update on principles-based life reserving and RBC, is now available on a 90-minute CD. It includes up-to-date information on the summer NAIC meeting and the Academy’s ambitious principles-based project.
Ordering the CD
This CD contains the complete June 22 audio presentation, Q&A, and accompanying PowerPoint slides in a convenient, easy-to-use single file.
The price of the CD is $75 for those who participated in the June 22 webcast, and $125 for all others.
- Order online here if you’re an Academy member and you participated in the webcast. (Note: If you are not logged in, you will be prompted to log in when you click on “Add to cart.” After you log in, you’ll resume the order process.)
- Order online here if you’re an Academy member and you didn’t participate in the webcast. (Note: If you are not logged in, you will be prompted to log in when you click on “Add to cart.” After you log in, you’ll resume the order process.)
- Order by fax or mail if you’re not an Academy member, or if you’re a member but prefer to order by fax or mail.
About the CD
The June 22 webcast is part of a series of updates on the principles-based project. It includes:
- Discussion of the role of peer review
- Discussion of potential changes in insurance-company governance to accommodate principles-based approaches to reserve and solvency testing
- A summary of developments during the Spring 2006 NAIC meeting
- An activities report from the Life Reserve Working Group
- An update from the Variable Annuity Reserve Working Group
Webcast speakers
- Donna Claire, Chair of the Life Financial Soundness/Risk Management Committee (also called the SVL2 Steering Committee)
- Tom Campbell, Chair of the Variable Annuity Reserve Work Group
- Tom Kalmbach, Co-Chair of the Life Reserve Work Group
- Jim Lamson, Chair of the Annuity Reserves Work Group
- Shirley Shao, Chair of the Regulatory Interface, Governance, and Peer Review Work Group
CE credit
Actuaries who joined the June 22 webcast were eligible for 1.5 hours of continuing education credit from the Academy and 1.5 hours of professional development credit from the SOA.
Other resources
- Listen to the Life Practice Council’s first webcast on the principles-based project.
- Get info on other CDs from principles-based Academy webcasts.
- Read material from the principles-based project. (You might want to bookmark the Risk home page for quick reference.)
Questions?
If you have questions about ordering or using the CD, contact Kasha Shelton (shelton@actuary.org, 202-223-8196). It you need more information about the topics discussed on the CD, or about Academy work on other life insurance issues, contact Amanda Yanek (yanek@actuary.org, 202-223-8196). |