The C1 Work Group submitted a comment letter to the Investment Risk-Based Capital (E) Working Group on alternative C1 bond factors for different levels of statutory reserve offset.
The AG43/C3 Phase II Work Group submitted a comment letter to the Variable Annuities Issues Working Group on proposed policyholder behavior assumptions.
The AG43/C3 Phase II Work Group submitted a comment letter on the May 31 exposure of the Variable Annuities Issues Working Group Framework.
The Macroprudential Task Force submitted a comment letter to the NAIC Liquidity Assessment (EX) Subgroup on the considerations for a liquidity stress test.
The Life Illustrations Work Group submitted a comment letter to the California Department of Insurance on Assembly Bill 2634.
The July HealthCheck covers the Academy’s June 25 webinar on the Individual and Small Group Markets Committee’s issue brief on drivers of 2019 health insurance premium changes.
The Lifetime Income Risk Joint Task Force submitted a comment letter to Congress on the Lifetime Income Disclosure Act.
More than 2,000 people attended the Academy’s June 18 professionalism webinar, “The Code of Professional Conduct—Learning From the Mistakes of Others,” which walked attendees through mistakes that have landed actuaries on the wrong side of the Code, and offered insight on the Code’s key precepts. (Actuarial Update, June 2018)