Life Comments and Letters

Work Group Comment Letter on Stress Testing of Life Insurance Reserves
Stress Testing Work Group comment letter to NAIC Stress Testing (E) Subgroup on stress testing proposal as an outline for field testing of life insurance reserves. (January 30, 2015)
LCAC Comment Letter on XXX/AXXX Reinsurance Framework Exposure Drafts
Life Capital Adequacy Committee (LCAC) comment letter to the NAIC Life Risk-Based Capital (E) Working Group regarding exposure drafts related to the XXX/AXXX reinsurance framework.
(January 29, 2015)
Legislation-in-Brief on Standard Valuation Law and PBR
Life Practice Council brief and FAQ supporting the adoption of the NAIC model Standard Valuation Law and Principle-Based Reserves. (January 15, 2015)
Work Group Letter to NAIC on Principles for Sound Actuarial Guideline for Illustrations
Life Illustrations Work Group letter to NAIC Life Actuarial (A) Task Force regarding principles for a sound actuarial guideline on illustrations for life insurance products. (January 8, 2015)
Academy Comments to NAIC on Operational Risk
Life Capital Adequacy Committee, Property and Casualty Risk-Based Capital Committee, and Health Solvency Work Group comments to the National Association of Insurance Commissioners (NAIC) on operational risk issues. (January 7, 2015)
LPC Comments on Exposure Draft of PBR ASOP
Life Practice Council (LPC) comment letter to Actuarial Standards Board on exposure draft of an Actuarial Standard of Practice (ASOP) on Principle-Based Reserves for Life Products.
(December 15, 2014)
Comments on Exposure Draft of Life Insurance and Annuity Pricing ASOP
Life Products Committee (LPrC) comment letter to Actuarial Standards Board on exposure draft of an Actuarial Standard of Practice (ASOP) on Life Insurance and Annuity Pricing. (December 15, 2014)
Work Group Comments on Updated Regulatory Guidance for Issuers of CDAs
Contingent Annuity Issues Work Group comment letter to NAIC Contingent Deferred Annuity (A) Working Group on regulatory guidance for issuers of CDAs. (November 7, 2014)
Comments to PBR Implementation Task Force on AG 48 Exposure Draft
PBR Strategy Subgroup comment letter to NAIC PBR Implementation (EX) Task Force (PBRITF) on an exposure draft of AG 48. (October 30, 2014)
Work Group Comment Letter on Proposed Actuarial Guidelines for Indexed Universal Life Illustrations
Life Illustrations Work Group comment letter to the NAIC Life Actuarial Task Force (LATF) on the proposed actuarial guidelines for indexed universal life illustrations. (October 28, 2014)
Comments to LATF on Updated AG 48 Exposure Draft
PBR Strategy Subgroup comment letter to NAIC Life Actuarial Task Force (LATF) on updated AG 48 exposure draft. (October 2, 2014)
Comments to LATF on AG 48 Exposure Draft
PBR Strategy Subgroup comment letter to NAIC Life Actuarial Task Force (LATF) on AG 48 exposure draft. (September 17, 2014)
Work Group Comments on Regulatory Guidelines for CDAs
Contingent Annuity Work Group comments to NAIC Contingent Deferred Annuity Working Group on regulatory guidelines for CDAs. (September 12, 2014)
Nonforfeiture Modernization Work Group Report
Nonforfeiture Modernization Work Group update to the NAIC Life Actuarial Task Force. (August 15, 2014)
AG33 Non-Elective Task Force Letter on AG33
AG33 Non-Elective Task Force letter to NAIC Life Actuarial Task Force on Actuarial Guideline XXXIII. (August 15, 2014)
Subgroup Comments on Rector Report NPR Component
Principle-Based Reserves Strategy Subgroup comment letter to NAIC Life Actuarial Task Force on the Net Premium Reserve component of the Rector report. (August 12, 2014)
Comments on 2013 Individual Disability Income Valuation Tables
Tax Work Group comment letter to NAIC Health Actuarial Task Force on tax implications of 2013 Individual Disability Income Valuation Tables. (June 26, 2014)
Comments on June 4 Rector Report
Life Practice Council comment letter to the NAIC Principle-based Reserving Implementation (EX) Task Force on June 4 exposure of the Rector Report.
(June 25, 2014)
Comments on Stress Testing Proposal
Stress Testing Work Group comments on NAIC Life Risk-Based Capital Working Group stress testing proposal.
(June 18, 2014)
C-3 Work Group Recommendation on RBC Interest Rate Risk
C-3 Work Group report on recommended approach for updating regulatory Risk-Based Capital requirements for interest rate risk for fixed annuities and single premium life insurance (C-3 Phase I).
(June 12, 2014)