Life Reserves Work Group report on modeling principle-based reserves for 20-year level premium term insurance. (
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Consistency Work Group report to LHATF defining the principles in the principle-based approach. (
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LCAS report to the NAIC Life RBC Working Group regarding modified coinsurance.
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LRWG report to LHATF regarding considerations for application of principle-based reserving to inforce blocksof business. (
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Life Reserves Work Group comments on a New York principle-based reserve memo. (
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Variable Annuity Reserve Work Group comments to LHATF regarding proposed changes to AG VACARVM. (
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Life Reserves Work Group presentation to LHATF on 20-year-term margin examples, and accompanying spreadsheet. (
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LRWG report on aggregate margins to the NAIC Life and Health Actuarial Task Force. (
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http://dev.actuary.org/content/c3-phase-ii-rbc-and-reserves-project updated with Academy material recently provided to the NAIC, including a second set of pre-packaged scenarios for common asset classes typically needed in the stochastic cashflow projections of variable annuities, an updated LCAS report documenting the construction of the pre-packaged scenarios and providing guidance on using them, an updated scenario picking tool, an enhanced version of the C3 Phase I RBC interest-rate generator, and pseudo-random numbers used in the pre-packaged scenarios (
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Medicare Part D RBC subgroup report to the NAIC on proposed RBC risk factors relating to the insurance of Medicare Part D coverage commencing January 1, 2006. This report was written in response to a charge from the NAIC. (
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Report on proposed new RBC risk factors for Medicare Part D coverage. (
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Proposed Life RBS Instruction Changes to NAIC from Medicare Part D Subgroup (
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Proposed Health RBC Instruction Changes to NAIC from the Medicare Part D Subgroup (
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Life RBC Changes to NAIC from the Medicare Part D Subgroup (
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Memo to the NAIC from the Medicare Part D Subgroup with proposed health RBC instruction and health RBC formula changes, proposed life RBC instruction and life RBC formula changes, and explanatory slides.
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Proposed Health RBC Formula Changes (
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Medicare Part D Subgroup explanatory slides from a memo to the NAIC regarding 2006 RBC changes to Medicare Part D Prescription Drug Coverage. (
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Memo to the NAIC from the Medicare Part D Subgroup, with proposed health RBC instruction and health RBC formula changes, proposed life RBC instruction and life RBC formula changes, and explanatory slides (
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Universal Life Work Group update of draft framework for principle-based life reserve valuation describing initial modeling results. (
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Updated draft framework for principle-based life reserve valuation describing initial modeling results. (
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Report to NAIC Capital Adequacy Task Force on Modco status report (
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Health RBC Subgroup status report to the NAIC Task Force. The subgroup was created in response to and NAIC charge for recommendations of changes to the 2006 RBC Formulas and Instructions, in order to address the risks of Medicare Part D Prescription Drug coverage. (
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Universal Life Work Group presentation of a draft framework for principle-based life reserve valuation. (
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Draft actuarial guideline on variable annuity reserving (Main Document) (
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Regulatory Review Framework Recommendations from SVLII Work Group (
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Draft actuarial guideline on variable annuity reserving (attachment) (
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Nonforfeiture Section 6 Work Group review of prospective Section 6 test in model standard nonforfeiture law. (
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Universal Life Work Group draft framework for principle-based life reserve valuation (Main report with hyperlinks to several other documents). (
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C3 Phase 2 Report to NAIC (
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Update from the Nonforfeiture Improvement Work Group (
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