Progress report of Academy Universal Life Work Group to NAIC (
)
Report to NAIC LHATF on general nonforfeiture revision. (
)
Letter to NAIC Capital Adequacy Task Force opposing use of standard RVC scenario as minimum standard (
)
Proposed actuarial guideline for variable annuity reserving (March 2005 revision): Revised draft (with redlining) (
)
Proposed actuarial guideline for variable annuity reserving (March 2005 revision): Attachments (
)
VARWG Report on C3 Phase II project, including RBC and reserves (incorporates newest reports). (
)
Proposed actuarial guideline for variable annuity reserving (March 2005 revision): Summary of the suggested revisions. (
)
Supplement to the June 2004 report to the NAIC with a recommendation for a new long-term care RBC formula.
( )Long Term Care Risk Based Capital Work Group report on the review of the Managed Care Organization RBC formulas for LTC describes the source of data, methodology, analysis, and recommendations. It reflects revisions based on feedback from members of the NAIC subgroup after the interim report was released in June 2003. (
)
Draft model regulation on annuity nonforfeiture implementation (
)
Rate Filing Task Force report concerning the individual health market and outlines four alternative regulatory solutions to the closed block problem, called Prefunding, Inter-Block Subsidy-- Durational Pooling, Inter-Block Subsidy-- Rate Compression, and Individual Market Pools. The computer model being presented analyzes the result of each of those closed block solutions.
( )Annuity Nonforfeiture Implementation Work Group model regulation on annuity nonforfeiture to the NAIC. (
)
Nonforfeiture Improvement Work Group report to the NAIC requesting guidance regarding the group's further activities in relation to potential future work on Standard Nonforfeiture Laws. (
)
Medicare Supplement Work Group Subteam report to the Medicare Supplement Subteam of the NAIC Accident and Health Work Group (A&HWG) provides input in response to a request from the NAIC to to develop a range of composite loss ratio curves (separately for issue age- and attained age-rated products). (
)
Academy recommendations to LHATF for setting regulatory RBC requirements for variable annuities and similar products. (
)
Variable Annuity Reserve Work Group report to the NAIC on reserve methodology for variable annuity products that uses the principles of the proposed Risk Based Capital (RBC) C-3 Phase II approach. (
)
Life Capital Adequacy Subcommittee recommended changes to the NAIC regarding risk based capital requirements for C-3a. (
)
Deficiency Reserve Work Group report to the NAIC regarding possible changes to the Standard Valuation Law (SVL), specifically as they relate to the current formulaic approach to determine deficiency reserves. (
)
Life Capital Adequacy Subcommittee recommendations to the NAIC regarding the calculation of the asset risk (C-1) required capital for preferred stock. (
)
Annuity Nonforfeiture Implementation Work Group report to the NAIC on the Annuity Nonforfeiture Model Regulation. (
)
Variable Annuity Reserve Work Group report to the NAIC on the ongoing work surrounding the development of a reserve methodology for variable annuity products that uses the principles of the proposed Risk Based Capital (RBC) C-3 Phase II approach. (
)
Life Financial Soundness/Risk Management Committee proposed revisions to actuarial guideline 34 to the NAIC. (
)
Annuity Nonforfeiture Implementation Work Group draft model regulation of the Standard Nonforfeiture Law for Individual Deferred Annuities to the NAIC. (
)
Life Valuation Subcommittee report on the impact of the new annuity standard nonforfeiture law on reserves to the NAIC. (
)
Long-Term Care Reserve Work Group letter to NAIC that illustrates the anticipated impact of various hypothetical changes in the mortality, voluntary lapse, interest and morbidity valuation assumptions on net renewal valuation premiums and contract reserves by policy duration. (
)
Long-Term Care Risk-Based Capital Work Group letter to the Deputy Insurance Commissioner of Pennsylvania responding to concerns regarding total asset adequacy as it relates to the Long-Term Care RBC Work Group's interim report. (
)
Letter accepting an NAIC request to make recommendations on possible trend tests for casualty and health RBC. (
)
Health Practice Financial Reporting Committee letter addressing general principles that should be considered in the development of and addressed by premium deficiency reserves and gross premium valuations. (
)
Variable Annuity Reserve Work Group report to the NAIC summarizing its work to develop a reserve methodology for variable annuity products. (
)
Life Financial Soundness/Risk Management Committee report to the NAIC regarding variable annuity guaranteed minimum death benefit reserves. (
)
