Life Comments and Letters

Life Illustrations Work Group letter addressing questions raised by the NAIC's IUL Illustration (A) Subgroup. (March 8, 2019)
Lifetime Income Risk Joint Committee, Retirement System Assessment and Policy Committee (RSAP) and Social Security Committee comment letter to the Bipartisan Policy Center on the 2016 Report of the Commission on Retirement Security and Personal Savings. (February 22, 2019)
RBC Tax Reform Work Group comment letter to NAIC Life Risk-Based Capital Working Group on their exposed guidance document on the interpretation of 2018 Life Risk-Based Capital Results.  (February 19, 2019)
Life Reserves Work Group comment letter to the Life Actuarial (A) Task Force regarding exposed APF 2019-04, which seeks to provide clarification for expense allowance formulas for universal life with secondary guarantee (ULSG).  (February 19, 2019)
Life Experience Committee comment letter to Life Actuarial (A) Task Force on questions raised during the NAIC Fall 2018 National Meeting rearding the current process used to develop the AG38 and VM-20 annual mortality improvement scale recommendations. (February 19, 2019)
Role of the Actuary Subgroup comment letter to NAIC on the use of the terms "actuary" and "qualified actuary" in draft revisions to VM-21.  (February 13, 2019)
Life Reinsurance Work Group comment letter to NAIC on APF 2018-58, which provides guidance for determination of future nonguaranteed yearly renewable term reinsurance rates under VM-20.  (January 31, 2019)
Role of the Actuary Subgroup comment letter to NAIC on the treatment and definitions of the term "actuarial opinion" in VM-30.  (January 10, 2019)
Life Reserves Work Group comment letter to the Life Actuarial (A) Task Force on amendment proposal form (APF) 2018-44, regarding credited amounts for indexed accounts.  (January 2, 2019)
Non-Guaranteed Elements Work Group comment letter to NAIC on their proposal for a life insurance online guide landing page.  (November 28, 2018)
Life Operational Risk Work Group follow-up letter to NAIC on exposed Life Risk-Based Capital growth charge proposal.  (October 29, 2018)
Annuity Illustration Work Group comment letter to NAIC on proposed changes to Annuity Disclosure Model Regulation #245.  (October 18, 2018)
Life Reserves Work Group revised amendment proposal form on selection of the industry basic table when company experience mortality rates are higher than the industry basic table. (October 3, 2018)
Life Illustrations Work Group comment letter to NAIC on draft changes to Model #582.  (August 31, 2018)
Macroprudential Task Force comment letter to NAIC on the exposed scope for liquidity stress testing.  (August 31, 2018)
Life and Health Valuation Law Manual Task Force comment letter to Life Actuarial (A) Task Force on recommendations to changes for the 2019 Life and Health Valuation Law Manual.  (August 16, 2018)
C1 Work Group comment letter on alternative C1 bond factors for different levels of statutory reserve offset.  (July 17, 2018)
Macroprudential Task Force comment letter on scope considerations for liquidity stress test and design elements. (July 16, 2018)
AG43/C3 Phase II Work Group comment letter to NAIC on proposed policyholder behavior assumptions.  (July 16, 2018)
AG43/C3 Phase II Work Group comment letter to NAIC on May 31 expossure of Variable Annuities Issues Working Group Framework.  (July 13, 2018)