Life Valuation Committee

Life Valuation Committee

The Life Valuation Committee proactively seeks to provide actuarial support, advice, and communication on life insurance topics that involve the valuation of life insurance and annuity products. The committee addresses issues that involve the valuation of, and support for, the valuation of statutory reserves for these products.

Chairperson: Ravi Bhandari
Vice Chairperson: Marc Altschull
Members:
Priyanka Bhatlapenumarthi
Serena Chao
Jia Fei
Bruce Friedland
Simon Gervais
Ryan Hubscher
Andrew Jenkins
Alexandre Lemieux
Angela McShane
Maambo Mujala
Lee Richert
Daniel Rueschhoff
Martin Sheerin
April Shen
Barbara Snyder
Dylan Strother
Jonah von der Embse
Michael Watanabe

Related Publications

Comments on the VM-22 Inforce Exposure

In this comment letter, the Annuity Reserves and Capital Subcommittee suggests a structured, optional path for retrospective adoption of VM-22 for certain in-force non-variable annuity business,...
Date Published: 11/03/2026
Read More

Committee Comments to LATF on AG 55 Guidance

The American Academy of Actuaries’ Life Valuation Committee generally supports the NAIC’s proposed year-end 2026 AG 55 disclosure requirements for offshore reinsurance but recommends also...
Date Published: 10/16/2026
Read More

Asset Adequacy Analysis (updated for 2024)

This update of the 2017 Asset Adequacy Analysis practice note by the Academy's Life Valuation Committee provides assistance to actuaries who are faced with the requirement of asset adequacy...
Date Published: 12/24/2024
Read More