Life Capital Adequacy Committee

The Life Capital Adequacy Committee (LCAC) analyzes issues related to life and annuity capital adequacy and recommends methods to improve life risk-based capital requirements. The LCAC is a technical advisor on solvency issues to the NAIC, including the NAIC's Solvency Modernization Initiative Task Force. The LCAC has several work groups, including the C3 Life and Annuities Work Group and the C1 Work Group, among others. This committee works with other Life Practice Council groups on the implementation of PBA and is a liaison to the Risk Management and Financial Reporting Council's Solvency and ERM Committees.

Chairperson: Paul Navratil