Life Practice Council

The Life Practice Council oversees the Academy's public policy work on life insurance issues. The Academy's vice president for life issues heads the council and serves on the Academy Executive Committee and Board of Directors.

The council manages the work of its committees, task forces, and work groups, which are listed here.

Life Practice Council

• Life Financial Reporting Committee
• Life Products Committee
  • Annuity Illustration Work Group
  • Illustrations Work Group
  • Indexed Annuities Work Group
  • Nonforfeiture Improvement Work Group
• Life Financial Soundness/Risk Management Committee
  • Tax Work Group
    • » Deferred Tax Asset Work Group
  • PBA Website Work Group
  • Life Governance Team
  • Valuation Law and Manual Team
    • » Valuation Law and Manual Team Subgroup 4
    • » VLMT Life Scope Subgroup
  • Consistency: Principles, Summary, Definitions, and Report Format Work Group
  • Life Reinsurance Work Group
  • Modeling Efficiency Work Group
  • Life Principle-based Approach Practice Note Work Group
  • Group Life Wavier of Premium Valuation Table Work Group
  • Pre-Need Mortality Work Group
• Life Capital Adequacy Subcommittee
  • C-3 Work Group
  • Economic Scenario Implementation Work Group
  • Economic Scenario Work Group
  • Invested Asset Work Group
• Annuity Reserve Work Group
• Variable Annuity Reserve Work Group
• Variable Annuity Practice Note Work Group
• Life Reserves Work Group
  • » Modeling Subgroup
  • » Variable Universal Life Subgroup
  • » Asset Subgroup
  • » Tax Advisory Subgroup
  • Credibility Work Group
• Life Experience Subcommittee
• Life Public Interest Task Force

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