Reserves
The minimum statutory reserve standard for all life and annuity products.
Reserves Resources
Presentation
SVL Interest Rate Modernization Work Group Update at NAIC Summer 2019 National Meeting
SVL Interest Rate Modernization Work Group update to the Life Actuarial (A) Task Force at the NAIC Summer 2019 National Meeting.
Topics: NAIC
NAIC Report
Life Reserves Work Group Presentation at NAIC Spring 2019 National Meeting
Life Reserves Work Group presentation to the Life Actuarial (A) Task Force on PBR treatment for individually underwritten group insurance.
Topics: NAIC
Presentation
Work Group Presentation on Indexed UL Under VM-20
Life Reserves Work Group presentation to the NAIC’s Life Actuarial (A) Task Force on deterministic reserve considerations for indexed universal life (UL) under VM-20.
Presentation
ARWG Provides Non-Variable PBR Update to LATF
John Miller and Chris Olechowski, co-chairs of the Annuity Reserves Work Group, provided a non-variable annuity PBR update to LATF’s VM-22 Subgroup.
Presentation
PBR Presentation to SERA Conference
Presentation on principle-based reserving for life insurance products to the Southeastern Regulators Association Conference.
NAIC Report
Academy Presentation on PBR at NAIC Financial Summit
Presentation to regulators at NAIC Financial Summit regarding practical application of PBR Valuation on life insurance.
NAIC Report
Aggregate Margin Task Force Update
Aggregate Margin Task Force update to the Life Actuarial Task Force on the development of aggregate margins to replace the current individual margins for use in VM-20.
Topics: NAIC
Presentation
PBR Implementation and Review Process Presentation to NCOIL
Presentation to National Conference of Insurance Legislators regarding the Implementation and Review process of Principle-based Reserves.
Presentation
Presentation on Annuity Mortality Tables and Draft Model Regulation
Life Experience Subcommittee presentation to the NAIC Life Actuarial Task Force with the Subcommittee’s conclusions on the 2012 Individual Annuity Mortality Basic Tables following a recent exposure…
Topics: NAIC
NAIC Report
Academy/SOA POG Reports on New Mortality Tables
Life Experience Subcommittee presentation providing a report of the joint SOA/Academy Project Oversight Group regarding new mortality tables.
Topics: NAIC