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Principles-Based Update:
Capital Requirements

An Academy Life Practice Council webcast
12-1:30 p.m. (EDT)
April 25, 2007

On April 25 at noon, the Life Practice Council will present a special 90-minute update on the Academy's work to move capital requirements to a principles-based methodology.



Registration

Registration is closed.



About the webcast

This presentation is part of a series of webcasts on the Life Practice Council's effort to develop a principles-based approach for regulating life reserves and capital. The April 25 webcast will include:

  • An update from the Academy’s Life Capital Work Group on the C3 Phase 3 effort, which would create principles-based capital requirements for all life insurance products
  • An update on the Annuity Capital Work Group's work to develop principles-based capital requirements for nonvariable annuities
  • A summary of recent NAIC Life Risk-Based Capital Working Group discussions on principles-based capital topics
  • A review of Economic Generator Work Group activities


Speakers

  • Nancy Bennett, chairperson of the Academy Life Capital Adequacy Subcommittee
  • Peter Boyko, chairperson of the Academy Life Capital Work Group
  • Larry Gorski, vice-chairperson of the Academy Life Capital Adequacy Subcommittee and chairperson of the Economic Scenario Work Group
  • Bill Wilton, chairperson of the Academy Annuity Capital Work Group



CE credit

CE credit from the Academy. Attendance at this webast may earn the participant 1.5 continuing education credits under the Qualification Standards for Prescribed Statements of Actuarial Opinion, depending upon the participant's practice area and other requirements set forth therein.

The Academy believes, in good faith, that this webcast qualifies as a "recognized organized activity" under the Qualification Standards for Prescribed Statement of Actuarial Opinion currently in effect.

PD credit from the SOA. This webcast has been approved for 1.5 professional development credits.


Information for journalists

If you're a journalist, you may contact Andrew Simonelli (simonelli@actuary.org; 202-223-8196) and ask to be registered for the webcast at no cost.



Questions?

  • For technical assistance with online registration or webcast participation, please call WebEx (866.779.3239) or e-mail WebEx customer support.
  • For other types of assistance, please contact Phillip Hafler at the Academy (hafler@actuary.org; 202-223-8196).


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