Variable Annuity Reserves and Capital Subcommittee

The Variable Annuity Reserve and Capital Subcommittee proactively provides actuarial support, advice, and communication on issues involving statutory reserve and risk-based capital requirements for variable annuity products. This includes developing proposals for ways in which the NAIC and the actuarial profession can better evaluate the overall effectiveness of the requirements and actuarial practices used in the implementation of the requirements. The subcommittee also communicates and provides information to the Life Practice Council regarding these issues.