C3 Subcommittee
The charge of this committee will be to develop and present a proposal for principle-based C3 capital on life and annuity products. The proposal will take the form of a revised set of the NAIC’s RBC C3 instructions. The subcommittee will also likely be involved with field testing of the new instructions if the Life RBC WG approves such a field test.
Chairperson:
Rick Hayes
Vice Chairperson:
Amanda Muhlbaier
Maambo Mujala
Maambo Mujala
Members:
Spencer Ackerman
Rhonda Ahrens
Christopher Conrad
Bruce Friedland
Jonathan Heldmann
Che Hu
Mark Hutchinson
Christopher Johnson
Jason Kehrberg
Linda Lankowski
Shuo Liu
Kendrick Lombardo
Angela McShane
Craig Morrow
Paul Navratil
Scott O'Neal
Leonard Reback
James Reiskytl
Theresa Resnick
Link Richardson
Benjamin Slutsker
Stephen Smith
Chris Trost
Jillian Werner
Rhonda Ahrens
Christopher Conrad
Bruce Friedland
Jonathan Heldmann
Che Hu
Mark Hutchinson
Christopher Johnson
Jason Kehrberg
Linda Lankowski
Shuo Liu
Kendrick Lombardo
Angela McShane
Craig Morrow
Paul Navratil
Scott O'Neal
Leonard Reback
James Reiskytl
Theresa Resnick
Link Richardson
Benjamin Slutsker
Stephen Smith
Chris Trost
Jillian Werner
Related Publications
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...Date Published: 09/18/2025
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C-3 Subcommittee Presents to NAIC on C3 Alignment
The C-3 Subcommittee provided an update on C3 Alignment to NAIC's Life Risk-Based Capital (E) Working Group meeting.
Topics: Life
Date Published: 09/11/2025
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C3 Subcommittee Updates NAIC’s Life RBC Working Group
The C3 Subcommittee presented an update to NAIC's Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors.
Topics: Actuarial Standards
Date Published: 03/25/2025
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