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
Model Governance Practice Note
Principle-Based Reserve (PBR) Work Group practice note, Model Governance, providing additional information for practicing life actuaries seeking to better understand models, model risks, model...
Topics: Governance
Date Published: 04/20/2017
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Task Force Presentation on Longevity Risk
Tricia Matson, chairperson of the Longevity Risk Task Force, gave a presentation to the NAIC's Life Risk-Based Capital (RBC) Working Group regarding the development of a methodology for recognizing...
Topics: NAIC Risk-Based Capital
Date Published: 04/08/2017
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Report to LATF on Guaranteed Issue Mortality Tables
Life Experience Committee report to the NAIC Life Actuarial Task Force (LATF) on 2017 guaranteed issue mortality tables, including spreadsheets with a blended mortality table, a male mortality...
Topics: NAIC
Date Published: 04/06/2017
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Life Experience Committee Presentation on Guaranteed Issue and Preneed Mortality
Mary Bahna-Nolan, chairperson of the Academy's Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on guaranteed and simplified issue and preneed mortality...Date Published: 04/06/2017
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Life Experience Committee Presentation on Simplified Issue and Accelerated Underwriting
Mary Bahna-Nolan, chairperson of the Academy’s Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on the joint committee’s work to address the Life...Date Published: 04/06/2017
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Work Group Comments on Operational Risk Draft Report
Life Operational Risk Work Group comments to the NAIC's Operational Risk (E) Subgroup on a draft report on operational life risk-based capital.
Topics: NAIC Risk-Based Capital
Date Published: 03/17/2017
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Work Group Comments on VM-22 Draft Report
SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 (A) Subgroup on the VM-22 Maximum Valuation Interest Rates for Income Annuities draft report.Date Published: 03/14/2017
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Work Group Comments on Revised Weighting Methodology Proposal
SVL Interest Rate Modernization Work Group comments on a revised weighting methodology proposal to the NAIC's VM-22 (A) Subgroup.
Topics: NAIC
Date Published: 02/17/2017
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Work Group Comments on VA Quantitative Impact Study
AG 43/C-3 Phase II Work Group comments to the NAIC’s Variable Annuities Issues (E) Working Group on version 1 of the draft specifications for the second quantitative impact study.Date Published: 02/03/2017
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Work Group Comments on LATF’s VM-22 Draft Report
Standard Valuation Law Interest Rate Modernization Work Group comments to the NAIC’s Life Actuarial Task Force (LATF) on its “VM-22: Maximum Valuation Interest Rates for Income Annuities”...Date Published: 01/25/2017
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Work Group Comments to New York Agency on Life Insurance Regulation
Non-Guaranteed Elements Work Group comments to the New York state Department of Financial Services on Proposed 11 NYCRR 48 (Insurance Regulation 210) on life insurance and annuity non-guaranteed...
Topics: Life Insurance
Date Published: 01/17/2017
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Work Group Comments on Exposed Basic Operational Risk Add-On Proposal
Life Operational Risk Work Group comments to the NAIC's Operational Risk (E) Subgroup on proposed operational risk factors and growth charge for the life risk-based capital (RBC) formula. Appendix...
Topics: NAIC Risk-Based Capital
Date Published: 12/19/2016
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Update on C1 Factors Provided to LATF
Nancy Bennett, Senior Life Practice Council Fellow, and Rich Owens, member of the Academy C1 Work Group, presented an update on portfolio adjustments to the C1 factors for corporate bonds to the NAIC...
Topics: NAIC Risk-Based Capital
Date Published: 12/11/2016
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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.Date Published: 12/08/2016
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Task Force Updates LATF on RBC, Longevity Risk Issues
Tricia Matson, chair of the Longevity Risk Task Force, gave an update to LATF on the task force’s work, including creating a methodology for recognizing longevity risk in statutory reserves and...Date Published: 12/08/2016
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Life Experience Committee Provides Update on Simplified Issue and Accelerated Underwriting
Mary Bahna-Nolan, chairperson of the Joint Academy Actuaries Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on the new joint initiative of the Academy and...Date Published: 12/08/2016
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Life Experience Committee Provides Update on Guaranteed Issue and Preneed Mortality
Mary Bahna-Nolan, chairperson of the Joint Academy Actuaries Life Experience Committee and SOA Preferred Mortality Oversight Group, presented an update on guaranteed and simplified issue and preneed...Date Published: 12/08/2016
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Subgroup Releases Model Governance Checklist
The Principle-Based Reserves Checklist Subgroup of the Model Governance Work Group released a model governance checklist, which is offered as a resource for practicing life actuaries involved in...
Topics: Governance
Date Published: 12/01/2016
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Work Group Comments on AG43 and C-3 Phase II Exposure Draft
AG 43/C-3 Phase II Work Group comments to the Variable Annuities Issues (E) Working Group on the exposed proposal to revise Actuarial Guideline 43 (AG 43) and C-3 Phase II.
Topics: Annuities
Date Published: 11/14/2016
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Task Force Makes Longevity Risk Presentation to FSOC
The Longevity Risk Task Force gave a presentation to the Financial Stability Oversight Council (FSOC) Nonbank Designations Committee on longevity risk in annuity and life insurance.
Topics: Life Insurance
Date Published: 11/01/2016
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