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
Comments to ASB on ASOP No. 2 Proposed Revision
The Life Practice Council's ASOP No. 2 Practice Note Task Force's comments to the Actuarial Standards Board on the proposed revision of Actuarial Standard of Practice (ASOP) No. 2, Nonguaranteed...Date Published: 11/13/2020
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ARWG Update to NAIC VM-22 Subgroup
The Academy's Annuity Reserves Work Group (ARWG) presentation on the Preliminary Framework Elements for Fixed Annuity PBR to the NAIC's Valuation Manual (VM)-22 (A) Subgroup.
Topics: NAIC
Date Published: 10/21/2020
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The Tax Cuts and Jobs Act of 2017 - Effects on Life Insurers
Tax Work Group's white paper outlining the most significant changes in the taxation of life insurance companies that were made by the Tax Cuts and Jobs Act of 2017 (TCJA).
Topics: Life Insurance
Date Published: 10/08/2020
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Presentation on C-3 Work Group Update to NAIC Life Risk-Based Capital (E) Working Group
The Academy C-3 Life and Annuities Work Group (C-3 WG) has a request from the NAIC Life Risk-Based Capital (E) Working Group (LRBC) to “Update the current C-3 Phase I or C-3 Phase II methodology to...Date Published: 08/21/2020
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Academy PBR Governance Update at NAIC Summer 2020 National Meeting
PBR Governance Update to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting
Topics: Governance NAIC
Date Published: 08/04/2020
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Life Experience Committee Presentation at NAIC 2020 Summer National Meeting
Life Experience Committee Life Mortality Improvement Subgroup presentation to the Life Actuarial (A) Task Force at the NAIC 2020 Summer National Meeting.
Topics: NAIC
Date Published: 08/04/2020
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VM-21 Checklist
produced by the Variable Annuity Reserves and Capital Work Group.Date Published: 07/23/2020
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Life Underwriting and Risk Classification Work Group Follow-Up Letter to NAIC
Life Underwriting and Risk Classification Work Group follow-up letter to the NAIC Accelerated Underwriting (A) Working Group after June 18, 2020 presentation.
Topics: NAIC
Date Published: 07/22/2020
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Work Group Presentation to NAIC on Accelerated Underwriting
Life Underwriting and Risk Classification Work Group presentation to the NAIC Accelerated Underwriting (A) Working Group.
Topics: NAIC
Date Published: 06/18/2020
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Work Group Comment Letter on AG 49A
Life Illustrations Work Group comment letter to NAIC Life Actuarial (A) Task Force on the ACLI redline of AG 49A.
Topics: NAIC
Date Published: 06/15/2020
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Annuity Reserves Work Group Presentation for NAIC VM-22 Subgroup Summer Meetings
Annuity Reserves Work Group Summer 2020 presentation to the NAIC VM-22 Subgroup on the preliminary framework elements for Fixed Annuity PBR.
Topics: NAIC
Date Published: 06/11/2020
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Longevity Risk Work Group Comments on Exposure of Alternative Factors for Longevity
C-2 Longevity Risk Work Group (formerly Longevity Risk Task Force) comment letter to the NAIC Life Risk-Based Capital Working Group on the exposed alternative factors for longevity.
Topics: NAIC Risk-Based Capital
Date Published: 05/29/2020
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Tax Work Group Letter to IRS on Proposed Regulation
Tax Work Group comment letter to the Internal Revenue Service on proposed regulation on changes to the computation of life insurance reserves for income tax reporting.
Topics: Life Insurance
Date Published: 05/28/2020
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Life Illustrations Work Group Letter to LATF on the Independent Proposal
Life Illustrations Work Group letter to NAIC Life Actuarial (A) Task Force on the "Independent Proposal".
Topics: NAIC
Date Published: 05/27/2020
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Preliminary Framework Elements for Fixed Annuity PBR
Annuity Reserve Work Group (ARWG) presentation to the NAIC VM-22 (A) Subgroup on the development of their preliminary framework for fixed annuity PBR.
Topics: NAIC
Date Published: 05/20/2020
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Academy Interest Rate Generator May 2020 Update
Academy's Interest Rate Generator (AIRG) Version 7.1.202005Date Published: 05/08/2020
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Academy Interest Rate Generator: Frequently Asked Questions, May 2020
FAQ document developed by the Joint Economic Scenario Generator Project Oversight Group to provide information relevant to the Academy Interest Rate Generator.Date Published: 05/08/2020
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Life Illustrations Work Group Letter on ACLI Exposure of IUL Illustrations Under AG49
Life Illustrations Work Group letter to NAIC IUL (A) Illustration Subgroup on American Council of Life Insurers (ACLI) proposal for AG 49-A
Topics: NAIC
Date Published: 05/08/2020
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LPC Comment Letter on ASOP No. 11 Exposure
Life Practice Council comment letter to the Actuarial Standards Board on the proposed revision of Actuarial Standard of Practice (ASOP) No. 11, Reinsurance Involving Life Insurance, Annuities, or...Date Published: 04/21/2020
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Common Practices of Examining Actuaries Involved in Statutory Financial Solvency Examinations of Life and Health Insurers (Including Considerations for Principle-Based Reserves)
Common Practices of Examining Actuaries Involved in Statutory Financial Solvency Examinations of Life and Health Insurers (Including Considerations for Principle-Based Reserves) Life Valuation...
Topics: Solvency
Date Published: 04/17/2020
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