Life Reserve Work Group amendment proposal to the Life Actuarial Task Force regarding treatment of letters of credit and other similar assets in the VM-20 reserve calculation.
( )Life Reserve Work Group amendment proposal to the Life Actuarial Task Force regarding treatment of individually underwritten certificates issued under a group life insurance contract.
( )Annuity Reserve Work Group report to the Life Actuarial Task Force on potential reserve methodology for non-variable annuities in VM-22.
( )Modeling Efficiency Work Group presentation to the Life Actuarial Task Force of the results of a modeling survey conducted in 2012.
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Life Reserve Work Group amendment proposal to the Life Actuarial Task Force regarding treatment of due premiums in VM-20 reserve calculation.
( )Aggregate Margin Task Force proposal to replace individual margin in VM-20 with aggregate margin approach.
( )Annuity Reserve Work Group presentation to the Life Actuarial Task Force on potential reserve methodology for non-variable annuities in VM-22.
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Comment letter from the C1 Work Group to the NAIC Investment Risk-Based Capital Working Group on Illinois’ common stock proposal for C1 Risk-based Capital.
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PBR Strategy Subgroup comment letter to the NAIC Principle-Based Reserving Implementation (EX) Task Force on the May 9 drafts of the PBR legislative and educational briefs.
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Presentation to the NAIC C-3 Phase II/AG 43 Subgroup on equity return calibration criteria for variable annuity reserve valuation. (
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Presentation to regulators at NAIC Financial Summit regarding practical application of PBR Valuation on life insurance. (
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Health Practice Financial Reporting Committee comments to the NAIC on proposed modifications to the Maintenance Agenda Submission Form that addresses and Accounting Standards Update surrounding fees paid to the federal government by health issuers. (
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PBR Strategy Subgroup comment letter to the NAIC Principle-Based Reserving Implementation (EX) Task Force regarding the potential impact of PBR in its draft legislative brief.
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Life Practice Council comment letter to the NAIC Principle-Based Reserving Implementation (EX) Task Force praising additional language in the April 3 NAIC PBR Draft Implementation Plan and offering assistance with evaluating and updating the PBR methodology.
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PBR Strategy Subgroup comment letter to the NAIC Principle-Based Reserves (EX) Task Force on its legislative brief outlining the ramifications of the Standard Valuation Law for state legislatures.
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Casualty Practice Council presentation to the NAIC's Center for Insurance Policy and Research Brunch event on insurance for acts of terrorism. (
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C1 Work Group presentation to the NAIC Investment Risk-Based Capital Working Group on the development of factors for corporate bonds in the RBC formula. (
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Individual Disability Table Work Group update to the NAIC's Health Actaurial Task Force on the progress of the valuation table and requesting volunteers from the task force to join the work group. (
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Final recommendation to the NAIC's Long-Term Care Actuarial Working Group that a long-term care valuation table is not feasible at this time due to lack of quality data. (
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Life Experience Subgroup update to the Life Actuarial Task Force of studies on the 2014 Valuation Basic Table and Guaranteed Issue/Simplified Issue Mortality Tables. (
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Life Reserves Work Group amendment proposal form to the Life Actuarial Task Force clarifying the approach in VM-20 to model policy loan cash flows in the deterministic reserve and stochastic reserve calculations. (
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Aggregate Margin Task Force update to the Life Actuarial Task Force on the development of aggregate margins to replace the current individual margins for use in VM-20. (
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Nonforfeiture Modernization Work Group update to the Life Actuarial Task Force regarding regulator and consumer information. (
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Life Reserves Work Group amendment proposal form outlining a modification to the current deterministic reserve in VM-20 submitted to the Life Actuarial Task Force. (
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Life Reserve Work Group amendment proposal form to LATF on the method to recognize the effect of the Pre‐tax Investment Maintenance Reserve (PIMR) in VM-20 when calculating reserves. (
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Property/Casualty Risk-Based Capital Committee report to the NAIC’s Property/Casualty Risk-Based Capital Working Group on the reinsurance credit risk charge in NAIC Property/Casualty Risk-Based Capital.
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Separate Account Products Work Group (SAWG) comments on the December 20, 2012 document, “Review of Non-Variable, Insulated Products/Product Characteristics with Proposed Recommendations” exposed on January 9 by the NAIC Separate Account Risk (E) Working Group. (
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Three Academy-related documents before the NAIC Health Actuarial (B) Task Force for comment include 2012 Group Long-Term Disability Valuation Table, proposed related Actuarial Guideline, and the proposed modification to the Health Insurance Reserves Model Regulation. (
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Long-Term Care Terminations Work Group letter to the NAIC regarding the formation of the work group that is charged with gathering data on terminations in long-term care insurance, and outlines its proposed tasks and timelines. (
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Committee on Property & Liability Financial Reporting comment letter to the NAIC’s Blanks Working Group on its proposed changes to move all force-placed or lender-placed business from the current line to the write-in line of Schedule P. (
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