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Principle-based update 12
Life Practice Council webcast
12-1:30 p.m. (Eastern)
Oct. 16, 2008

This 90-minute webcast includes a discussion of principle-related developments at the fall NAIC meeting. It is part of a series of webcasts on the Academy’s efforts to help develop a principle-based approach for regulating life reserves and capital.


About the webcast

The webcast will cover the latest principle-based reserving (PBR) developments at the NAIC's Life and Health Actuarial Task Force (LHATF) and Life RBC Working Group, including:

  • Discussion of recent AG VACARVM developments, including its approval by LHATF and by the Life Insurance and Annuities Committee, highlights of the final guideline, and proposed timeline for implementation
  • Overview of the recent meeting of the LRBC Working Group and the development of C3 Phase III
  • Status of the draft Standard Valuation Law as it moves closer to possible approval by LHATF
  • Update from the Life PBR Subgroup and the status of the draft valuation manual

Speakers

The speakers for this webcast are subject to change based on developments at the NAIC fall meeting, but will likely include the following:

  • Larry Bruning, Chair, LHATF
  • Mike Boerner, Chair, LHATF PBR Process and Coordination Subgroup
  • Peter Weber, Chair, LHATF PBR Life Subgroup
  • Tom Campbell, Chair, Academy’s Variable Annuity Reserves Work Group
  • Peter Boyko, Chair, Academy’s C3 Life and Annuities Work Group

Registration

Registration for this 90-minute webcast is $160 for Academy members, $200 for non-members.

  • Register online.
  • Register by mail. Send in the completed registration form, along with payment information. Mail it to:

    October 2008 Life Webcast
    Attention: Joanne Anderson
    American Academy of Actuaries
    1100 17th Street NW, 7th Floor
    Washington, DC 20036.

If you need assistance with registration, please contact Phillip Hafler at the Academy (hafler@actuary.org),202.223.8196).

If you need technical assistance, please contact WebEx at 866.779.3239.

CE credit

The American Academy of Actuaries believes in good faith that the "Principle-Based Uupdate 12" webcast constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States.

Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.

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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