Life Practice Council
The Life Practice Council oversees the Academy's public policy work on life insurance issues. The council manages the work of its committees, subcommittees, and work groups. The Academy's vice president for life insurance issues heads the council and serves on the Academy Executive Committee and Board of Directors.
Staff Liaison:
Amanda Barry-Moilanen
ASB Liaison:
Linda Lankowski
Professional Liaison:
Mike Ward
Chairperson:
Jason Kehrberg
Vice Chairperson:
Matt Monson
Members:
Marc Altschull
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Bruce Friedland
R. Dale Hall
Laura Hanson
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Bruce Friedland
R. Dale Hall
Laura Hanson
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Related Publications
Life Principle-Based Reserves (PBR) Under VM-20 (2020 Updated)
Life Principle-Based Approach Practice Note Work Group update of the 2017 VM-20 Practice Note to reflect emerging practices and changes to the Valuation Manual since the version effective for...Date Published: 04/03/2020
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Life Reinsurance Work Group Letter on Model #787 and AG 48 Similarities
Life Reinsurance Work Group comment letter to the NAIC Reinsurance (E) Task Force on the model #787 exposure memorandum on whether Actuarial Guideline XLVIII (AG 48) should be considered to be...
Topics: NAIC Reinsurance
Date Published: 02/26/2020
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Life Illustrations Work Group Letter on IUL Illustrations Under AG49
IWG comment letter to NAIC on Indexed Universal Life insurance policies under Actuarial Guideline XLIX (AG 49).
Topics: Life Insurance NAIC
Date Published: 02/21/2020
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Work Group Comment Letter on RBC Proposal 2019-16-1
C-1 Work Group comment letter to the NAIC Capital Adequacy (E) Task Force on their proposal to expand the number of bond factors in the Life Risk-Based Capital formula.
Topics: NAIC Risk-Based Capital
Date Published: 02/14/2020
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Macroprudential Task Force Comment Letter on Liquidity Stress Testing Framework
Macroprudential Task Force comment letter to NAIC Financial Stability (EX) Task Force and Liquidity Assessment (EX) Subgroup on the LST framework exposure.
Topics: NAIC
Date Published: 02/06/2020
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Longevity Risk Task Force Comment Letter on Proposed Longevity Risk Charge
Longevity Risk Task Force comment letter to NAIC Life Risk-Based Capital (E) Working Group on the exposure of the proposed longevity risk charge.
Topics: NAIC Risk-Based Capital
Date Published: 01/23/2020
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C-2 Work Group Update at NAIC 2019 Fall National Meeting
C-2 Work Group update to the Life Risk-Based Capital (E) Working Group at the NAIC 2019 Fall National Meeting.
Topics: NAIC Risk-Based Capital
Date Published: 12/07/2019
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Life Experience Committee Introduction to VBT Analysis Process
Life Experience Committee presentation on the introduction to the Valuation Basic Table analysis process to Life Actuarial (A) Task Force at the NAIC 2019 Fall National Meeting.
Topics: NAIC
Date Published: 12/06/2019
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Life Reserves Work Group APF 2019-33
APF 2019-33, submitted by the Life Reserves Work Group to the Life Actuarial (A) Task Force.Date Published: 12/05/2019
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PBR Governance Work Group Update at NAIC Fall 2019 National Meeting
PBR Governance Work Group update at the NAIC 2019 Fall National Meeting.
Topics: Governance NAIC
Date Published: 12/05/2019
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Life Reserves Work Group Presentation at NAIC 2019 Fall National Meeting
Life Reserves Work Group presentation on PBR treatment for individually underwritten group insurance.
Topics: NAIC
Date Published: 12/05/2019
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Considerations For Changes to the Life Mortality Improvement Factor Process
Life Experience Committee presentation to the Life Actuarial (A) Task Force at NAIC 2019 Fall National Meeting.
Topics: NAIC
Date Published: 12/05/2019
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SVL Interest Rate Modernization Work Group Update at NAIC 2019 Fall National Meeting
SVL Interest Rate Modernization Work Group update to the Life Actuarial (A) Task Force at the NAIC 2019 Fall National Meeting.
Topics: NAIC
Date Published: 12/05/2019
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ARWG Update at NAIC 2019 Fall National Meeting
Annuity Reserves Work Group update to the Life Actuarial (A) Task Force at NAIC 2019 Fall National Meeting.
Topics: NAIC
Date Published: 12/05/2019
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Work Group Update on YRT Field Test
YRT Field Test Project Oversight Work Group update to LATF on the field test timeline.
Topics: NAIC
Date Published: 12/05/2019
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Life Illustrations Work Group Letter on IUL Illustrations Under AG49
Life Illustrations Work Group comment letter to Life Actuarial (A) Task Force regarding questions raised on IUL Illustrations under AG49.Date Published: 12/04/2019
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Longevity Risk Task Force Letter and RBC Blank
Longevity Risk Task Force cover letter outlining sample changes to risk-based capital blanks to implement longevity C-2 factors.
Topics: Risk-Based Capital
Date Published: 11/22/2019
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PBR Checklist
A four page resource outlining the critical elements of PBR for life insurance.
Topics: Life Insurance
Date Published: 10/23/2019
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Actuarial Observations on Retiree Income Approaches
Lifetime Income Risk Joint Committee issue brief on application of actuarial methods to risk management in retirement income planning.
Topics: Retirement Risk Management
Date Published: 10/18/2019
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Life Experience Committee Mortality Improvement Scale Recommendation Report to NAIC
Life Experience Committee report to NAIC Life Actuarial (A) Task Force on individual life insurance mortality improvement scale for use with AG 38 and VM-20.
Topics: Life Insurance NAIC
Date Published: 09/24/2019
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