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
Synthetic GIC Reserve Proposal
Deposit Fund Subgroup proposal for reserving synthetic guaranteed investment contracts submitted to the Life Actuarial Task Force.Date Published: 11/27/2012
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Guaranteed Nonforfeiture Basis Factor Assumptions Report
Nonforfeiture Modernization Work Group Guaranteed Nonforfeiture Basis Factor report to the Life Actuarial Task Force at the NAIC meeting in National Harbor, MD.
Topics: NAIC
Date Published: 11/27/2012
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Comments on CDA Definition
Contingent Annuity Work Group comments on the definition of Contingent Deferred Annuities proposed by the ACLI and IRI and exposed by the Contingent Deferred Annuities (A) Working Group.
Topics: Annuities
Date Published: 11/19/2012
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Comments on Commercial Mortgage RBC Proposal
Invested Asset Work Group comment letter to the NAIC Risk-based Capital (RBC) Working Group on American Council of Life Insurers’ Commercial Mortgage RBC Proposal.
Topics: NAIC Risk-Based Capital
Date Published: 11/14/2012
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IAWG Comment Letter on Commercial Mortgage Proposal
Invested Asset Work Group comments to the NAIC Life Risk-based Capital (RBC) Working Group on a proposal for a new method of determining RBC and asset valuation reserves for commercial mortgages.
Topics: NAIC Risk-Based Capital
Date Published: 11/14/2012
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LPC Comment on NAIC PBR Budget Item
Life Practice Council comment letter to the NAIC commending the inclusion of a budget item for the purposes of “Actuarial Guideline 38/Principle-Based Reserving Implementation and Monitoring.
Topics: NAIC Principle-Based Reserving
Date Published: 11/09/2012
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Ideas for AG43/C-3 Phase II Review Process
Report to NAIC C-3 Phase II/Actuarial Guideline 43 Subgroup detailing ideas for a C-3 Phase II/Actuarial Guideline 43 review process.
Topics: NAIC
Date Published: 10/12/2012
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PBR Implementation and Review Process Presentation
Life Practice Council presentation to the NAIC Life Actuarial Task Force with recommendations for review, assessment and improvement of principle-based reserves.
Topics: NAIC
Date Published: 08/09/2012
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Tax WG Supplemental Report on Three-Year Statutory Transition Period
Tax Work Group supplemental report regarding Federal Tax Reserves and the Life PBR Elective Three-Year Statutory Transition Period for the NAIC's Life Actuarial Task Force.
Topics: NAIC
Date Published: 07/27/2012
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LPC Comment Letters to NAIC on Valuation Manual
Comment letters to both the NAIC Life Actuarial Task Force and the Life and Annuities (A) Committee from the Academy's Life Practice Council and Life Financial Reporting/Risk Management Committee...Date Published: 07/16/2012
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Presentation on Solvency and Risk Management Issues of Contingent Deferred Annuities
Life Practice Council presentation to the NAIC CDA Working Group regarding the solvency and risk management implications of contingent annuities.Date Published: 06/27/2012
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Comment Letter to NAIC Valuation of Securities Task Force
Invested Asset Work Group comments to the NAIC Valuation of Securities (E) Task Force related to modification of the methodology for assigning classifications to investments and changing how...
Topics: NAIC
Date Published: 06/20/2012
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VM-20 Amendment Proposal on Mortality
Life Financial Soundness/Risk Management Committee presentation of NAIC's Life and Health Actuarial Task Force Amendment proposal outlining a simplified approach for determining prudent estimate...
Topics: NAIC Risk Management
Date Published: 06/18/2012
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VM-20 Simplified Approach for Mortality Assumption Determination of X and Proposed Margin
Life Financial Soundness Risk/Risk Management Committee presentation offering its findings of a simplified approach for mortality assumptions determination to LATF.
Topics: Risk Management
Date Published: 05/17/2012
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FS/RM Presentatuin to LATF on Mortality Loads
Life Financial Soundness/Risk Management Committee presentation to LATF regarding a comparison of the impact of mortality loads.
Topics: Risk Management
Date Published: 05/17/2012
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FS/RM Presentation to LATF Regarding Value of X
Life Financial Soundness/Risk Management Committee presentations to LATF regarding the determination of X in a simplified mortality approach.
Topics: Risk Management
Date Published: 05/17/2012
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LPC Letter on Blanks Proposal
Life Practice Council letter to the NAIC Blanks Committee with comments on blanks proposal 2012-04.
Topics: NAIC
Date Published: 05/14/2012
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FS/RM VM-01 Amendment to LATF
Life Financial Soundness/Risk Management Committee's VM-01 amendment to the NAIC Life Actuarial Task Force regarding definitions in the Valuation Manual.
Topics: NAIC Risk Management
Date Published: 05/11/2012
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Comments on White Paper, 'The U.S. National State-Based System of Insurance Financial Regulation and the Solvency Modernization Initiative'
Public policy practice groups comments to the NAIC on its draft white paper on the Solvency Modernization Initiative and insurance regulation offering suggestions encompassing RBC, ORSA, and NAIC...Date Published: 04/30/2012
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FS/RM PBR Review and Updating Amendment to LATF
Financial Soundness/Risk Management Committee's amendment proposal form to the NAIC Life Actuarial Task Force regarding the addition of a PBR Review and Updating Process to VM-00.
Topics: NAIC Risk Management
Date Published: 04/23/2012
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