Life Reports to the NAIC

Reinsurance Work Group presentation on the treatment of yearly renewable term (YRT) reinsurance in a stochastic exclusion ratio test (SERT) to the NAIC Life Actuarial (A) Task Force at the NAIC 2015 Summer Meeting. (August 13, 2015)
The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council comments to the National Association of Insurance Commissioners (NAIC) on its Financial Condition (E) Committee questionnaire that examines the reasons for single-state solutions to help regulators develop a process for creating a uniform framework for state-based regulation. (July 27, 2015)
Annuity Reserves Work Group Report to the NAIC's VM-22 (A) Subgroup on the uses of the representative scenarios method (RSM) for calculating annuity reserves. (June 23, 2015)
Deposit Fund Subgroup letter to NAIC Life Actuarial (A) Task Force recommending edits to model regulation 695 concerning synthetic guaranteed investment contracts (GICs). (June 15, 2015)
Nonforfeiture Modernization Work Group comment letter to NAIC Life Actuarial (A) Task Force on exposed edits to the standard nonforfeiture law for annuities regarding requirements for contingent deferred annuities (CDA). (May 13, 2015)
Deposit Fund Subgroup comment letter to NAIC Life Actuarial (A) Task Force on exposed edits to the model regulation for synthetic guaranteed investment contracts (GIC). (April 22, 2015)
Life Illustrations Work Group comment letter to NAIC Life Actuarial (A) Task Force on proposed actuarial guideline for indexed universal life illustrations. (April 14, 2015)
Nonforfeiture Modernization Work Group update to the NAIC Life Actuarial (A) Task Force at the NAIC Spring 2015 National Meeting. (March 27, 2015)
American Academy of Actuaries and Society of Actuaries Joint Project Oversight Group presentation to the NAIC Life Actuarial (A) Task Force on the development of the 2014 VBT tables, 2017 CSO tables, and PBR margins. (March 26, 2015)
Life Capital Adequacy Committee (LCAC) comment letter to the NAIC Life Risk-Based Capital (E) Working Group regarding the latest exposure drafts related to the XXX/AXXX reinsurance framework. (March 20, 2015)
Life Illustrations Work Group comment letter to NAIC Life Actuarial (A) Task Force on exposed actuarial guideline for indexed universal life illustrations. (March 11, 2015)
PBR Strategy Subgroup and Life Reinsurance Work Group comment letter to NAIC PBR Implementation (EX) Task Force on exposure of XXX/AXXX reinsurance supplemental proposal. (February 23, 2015)
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)
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)
Life Practice Council brief and FAQ supporting the adoption of the NAIC model Standard Valuation Law and Principle-Based Reserves. (January 15, 2015)
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)
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)
American Academy of Actuaries and Society of Actuaries Joint Project Oversight Group presentation to the NAIC Life Actuarial (A) Task Force on the development of the 2014 VBT and CSO tables. (November 14, 2014)
Deposit Fund Subgroup presentation to the NAIC Life Actuarial (A) Task Force on a proposal to modify existing regulations of synthetic guaranteed investment contracts (GIC). (November 14, 2014)
Deposit Fund Subgroup supplemental proposal for reserving synthetic guaranteed investment contracts (GIC). (November 14, 2014)