Update to the National Association of Insurance Commissioners’ Life RBC Working Group by the Life Capital Work Group. (
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Consistency Work Group report on the Conceptual Framework of a Principles-Based Approach for Life, Annuity and Health Products and On the Purpose of Reserves and Risk-based Capital under a Principles-Based Approach.
( )Report on governance requirements for principle-based life reserves and capital with exhibits.
Economic Scenario Work Group report to the LHATF NAIC on scenario generator models. (
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Report on governance requirements for principle-based life reserves and capital with exhibits.
Modeling Efficiency Work Group reports to the LHATF. (
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Invested Asset Work Group report on hybrid capital requirements. (
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LCWG documents to NAIC that include changes consistent with those made to the March 2007 Life Reserve Work Group documents with respect to hedging references. (
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Invested Asset Work Group presentation providing a status report to the NAIC's Hybrid Working Group. (
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Life Financial Soundness/Risk Management (SVL2) Committee presentation to LHATF on SVL2/PBA. (
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Annuity Capital Work Group report on its work evaluating the C3 component of the life RBC formula. (
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Updated report to the NAIC from the Life Capital Work Group. (
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Life Practice Council presentation to the NAIC Principles-Based Reserving (EX) Working Group with a status report summarizing Council plans for prinicple-based activities in 2007. (
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Life Capital Adequacy Subcommittee comments to the NAIC Life RBC Working Group regarding the proposed 2006 life RBC instructions. (
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LCAS report to the NAIC Life RBC Working Group regarding modified coinsurance.
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C3 Phase II survey for the NAIC Capital Adequacy Task Force. (
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C3 Phase II Web Page
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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Academy report on recommended pre-tax and after-tax factors for 2001 life RBC and Deferred Tax Assets (DTAs)/Deferred Tax Liabilities (DTLs) recognition, reflecting codification. (
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