Capital

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

Capital

Capital

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

Health Committee News

ASB Adopts Final Revision of ASOP No. 5

The ASB recently adopted a final revision of ASOP No. 5, Incurred Health Claim Liabilities. This ASOP provides guidance to actuaries when estimating or reviewing incurred claims when preparing or…
Topics: ASB News
Date Published: 04/27/2017
Read More

Capital Resources

Comment / Letter

Comments to NAIC Groups Regarding the LRBCWG/VACRSG Exposure

The C-3 Subcommittee and Variable Annuity Reserves and Capital Subcommittee provided comments to the NAIC’s Life Risk-Based Capital (E) Working Group (LRBCWG) and to the Variable Annuities Capital…
Topics: Life NAIC
Date Published: 09/18/2025
Download
Comment / Letter

Capital Work Group’s Letter and Spreadsheet to Valuation Manual (VM)-22 Subgroup

The Academy’s Annuity Reserves and Capital Work Group’s letter and spreadsheet to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force’s VM-22 Subgroup regarding a…
Date Published: 02/09/2022
Download
Comment / Letter

C-2 Longevity Risk Work Group’s Comment Letter to NAIC on Longevity Factors and Instructions

C-2 Longevity Risk Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on the exposure (2021-13-L), Longevity…
Date Published: 05/27/2021
Download
Comment / Letter

C1 Work Group’s Comment Letter to NAIC on Bond Factors

C1 Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on its exposures of proposed bond factors and…
Date Published: 05/27/2021
Download

C1 Work Group’s Updated Bond Factors to LRBC Working Group

The C1 Work Group’s letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to…
Date Published: 03/11/2021
Download

C-2 Work Group Update to NAIC’s Life Risk-Based Capital (E) Working Group

C-2 Mortality Work Group update to the NAIC’s Life Risk-Based Capital (E) Working Group reviewing the C-2 overall approach and current risk-based capital (RBC) factors. 
Date Published: 09/11/2020
Download
Presentation

Presentation on C-3 Work Group Update to NAIC Life Risk-Based Capital (E) Working Group

The Academy C-3 Life and Annuities Work Group (C-3 WG) has a request from the NAIC Life Risk-Based Capital (E) Working Group (LRBC) to “Update the current C-3 Phase I or C-3 Phase II methodology to…
Date Published: 08/21/2020
Download
Comment / Letter

Work Group Comment Letter to NAIC on Exposed Guidance Document

RBC Tax Reform Work Group comment letter to NAIC Life Risk-Based Capital Working Group on their exposed guidance document on the interpretation of 2018 Life Risk-Based Capital Results. 
Date Published: 02/18/2019
Download
NAIC Report

Work Group Guidance Document on Interpretation of LRBC Results

RBC Tax Reform Work Group letter to NAIC on the interpretation of year-end 2018 life risk-based capital results in light of the 2017 Tax Cuts and Jobs Act.
Date Published: 09/06/2018
Download
Presentation

Work Group Update to LRBC

C-2 Work Group presentation to NAIC Life Risk-Based Capital (E) Working Group on its projects. 
Date Published: 08/03/2018
Download