Life Practice Council

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.

Related Publications

Joint Academy/SOA Group Update on Guaranteed Issue and Preneed Mortality

Joint American Academy of Actuaries Life Experience Committee and Society of Actuaries Preferred Mortality Oversight Group update on guaranteed issue and preneed mortality to the Life Actuarial Task...
Date Published: 06/16/2016
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Subgroup Comments to LATF on Section 4 of VM-G

Role of the Actuary Subgroup comments to the NAIC's Life Actuarial Task Force (LATF) on Section 4 of the Valuation Manual-G. 
Topics: NAIC
Date Published: 06/10/2016
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Subgroup Comments to LATF on Combined Revisions to VM-G

The Role of the Actuary Subgroup comments to the NAIC's Life Actuarial Task Force (LATF) on combined revisions regarding VM-G of the Valuation Manual. 
Topics: NAIC
Date Published: 06/03/2016
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LRWG Comments to LATF on Post-Level Term Profit Assumptions

Life Reserves Work Group (LRWG) comments to the NAIC's Life Actuarial Task Force (LATF) on the Minnesota Department of Commerce Amendment Proposal Form (APF) on post-level term profit assumptions. 
Topics: NAIC
Date Published: 05/18/2016
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Subgroup Comments to LATF on Valuation Manual

Role of the Actuary Subgroup comments to the NAIC's Life Actuarial Task Force (LATF) on recommendations made in amendment proposal forms regarding VM-G of the Valuation Manual. 
Topics: NAIC
Date Published: 05/06/2016
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Work Group Comments to LATF on Statutory Valuation Interest Rates

SVL Interest Rate Modernization Work Group comments to the NAIC's VM-22 Subgroup of the Life Actuarial Task Force (LATF) on questions and answers in response to statutory regulations regarding the...
Topics: NAIC
Date Published: 04/25/2016
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LRWG Comments to LATF on Term and ULSG

Life Reserves Work Group (LRWG) comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on term and universal life insurance with secondary...
Date Published: 04/25/2016
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LRWG Comments to LATF on Net Premium Reserves

Life Reserves Work Group (LRWG) comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on net premium reserves.  
Topics: NAIC
Date Published: 04/25/2016
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Subgroup Comments to LATF on Valuation Manual

Role of the Actuary Subgroup comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on revisions to Section VM-31 of the Valuation Manual applicable to qualified actuaries for clarification...
Topics: NAIC
Date Published: 03/25/2016
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Joint Committee Comments to LATF on Valuation Manual

Joint Academy Life Experience Committee and SOA Preferred Mortality Oversight Group comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on the removal of the provisions for unisex rates as...
Topics: NAIC
Date Published: 03/17/2016
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Work Group Comments to NAIC on AG 49

Life Illustrations Work Group comments to the NAIC’s IUL Illustration (A) Subgroup on revisions to Actuarial Guideline (AG) 49. 
Topics: NAIC
Date Published: 03/14/2016
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Subgroup Comments to LATF on Valuation Manual

Role of the Actuary Subgroup comments to the NAIC’s Life Actuarial (A) Task Force (LATF) on revisions to the Corporate Governance Guidance Appendix, Section VM-G, of the Valuation Manual...
Topics: Governance NAIC
Date Published: 03/10/2016
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Work Group Comments to NAIC on Statutory Valuation Interest Rates

SVL Interest Rate Modernization Work Group comments to the NAIC's V-22 Subgroup of the Life Actuarial Task Force on statutory regulations regarding the determination of statutory valuation interest...
Topics: NAIC
Date Published: 02/23/2016
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Work Group Comments on Variable Annuities Blanks Proposal

Actuarial Guideline 43/C-3 Phase II Work Group comments to the NAIC on the variable annuities blanks proposal exposed on Nov. 19. 
Topics: Annuities NAIC
Date Published: 01/29/2016
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LIWG Comments to NAIC on New Working Group

Life Illustrations Work Group (LIWG) comments to the NAIC’s Life Insurance and Annuities (A) Committee on the new working group formed to explore disclosures required in Model #580 and #582. 
Date Published: 01/29/2016
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Presentation to FSOC on Regulatory Capital Requirements for U.S. Insurers

Academy Senior Life Fellow Nancy Bennett and Senior Casualty Fellow Jim MacGinnitie presentation to the Financial Stability Oversight Council (FSOC) on regulatory capital requirements for U.S....
Topics: Casualty
Date Published: 12/11/2015
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Work Group Comments on AG 49 Revision

Life Illustrations Work Group comments to LATF’s IUL Illustration (A) Subgroup on the draft revision to Actuarial Guideline (AG) 49. 
Date Published: 12/01/2015
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Joint Academy/SOA Update on Guaranteed Issue, Simplified Issue and Preneed

Joint American Academy of Actuaries Life Experience Committee and Society of Actuaries Preferred Mortality Oversight Group update on guaranteed issue, simplified issue and preneed to the Life...
Topics: NAIC
Date Published: 11/17/2015
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Subgroup Comments on Synthetic GIC Model Regulation

Deposit Fund Subgroup comments to the Life Actuarial Task Force on rules for separate accounts that fund guaranteed minimum benefits under group contracts related to the synthetic GIC model...
Topics: Benefits
Date Published: 11/16/2015
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ARWG Non-Variable Annuity PBR Update to LATF

Annuity Reserves Work Group (ARWG) non-variable annuity PBR update to the Life Actuarial Task Force’s VM-22 Subgroup at the NAIC Fall 2015 National Meeting. 
Topics: NAIC
Date Published: 11/16/2015
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