Life and annuity capital adequacy and recommendations to improve life Risk-based Capital (RBC) requirements.

Invested Asset Work Group report on hybrid capital requirements. (September 30, 2007)
LCWG documents to NAIC that include changes consistent with those made to the March 2007 Life Reserve Work Group documents with respect to hedging references. (July 31, 2007)
Invested Asset Work Group presentation providing a status report to the NAIC's Hybrid Working Group. (June 4, 2007)
Life Financial Soundness/Risk Management (SVL2) Committee presentation to LHATF on SVL2/PBA. (June 1, 2007)
Annuity Capital Work Group report on its work evaluating the C3 component of the life RBC formula. (March 31, 2007)
Updated report to the NAIC from the Life Capital Work Group. (March 31, 2007)
Life Practice Council presentation to the NAIC Principles-Based Reserving (EX) Working Group with a status report summarizing Council plans for prinicple-based activities in 2007. (March 12, 2007)
Life Capital Adequacy Subcommittee comments to the NAIC Life RBC Working Group regarding the proposed 2006 life RBC instructions. (May 22, 2006)
LCAS report to the NAIC Life RBC Working Group regarding modified coinsurance. (March 1, 2006)
C3 Phase II survey for the NAIC Capital Adequacy Task Force. (March 1, 2006)
C3 Phase II Web Page updated with Academy material recently provided to the NAIC, including a second set of pre-packaged scenarios for common asset classes typically needed in the stochastic cashflow projections of variable annuities, an updated LCAS report documenting the construction of the pre-packaged scenarios and providing guidance on using them, an updated scenario picking tool, an enhanced version of the C3 Phase I RBC interest-rate generator, and pseudo-random numbers used in the pre-packaged scenarios (January 1, 2006)
Academy report on recommended pre-tax and after-tax factors for 2001 life RBC and Deferred Tax Assets (DTAs)/Deferred Tax Liabilities (DTLs) recognition, reflecting codification.  (March 1, 2001)
C3 Phase 1 Report to the NAIC RBC Work Group. (October 1, 1999)