Reinsurance Work Group comments to the NAIC on risk transfer rules. (
)
Life Valuation Subcommittee practice note intended to provide information on common practices and approaches related to actuarial issues for which credibility theory or a related approach may be applied. (
)
Life and Annuities Committee presentation on the role of the Academy in the development of PBR.
( )
( )
Life Reserves Work Group overview of asset modeling and discount rate issues in VM-20. (
)
Joint Academy/SOA report to the NAIC Life & Health Actuarial Task Force on mortality margins in mortality valuation tables. (
)
Life Tax Steering Group comments on an IRS notice to life insurers about potential federal income tax issues concerning proposed principle-based reserving and proposed Actuarial Guideline VA-CARVM. (
)
Variable Universal Life Subgroup of the Life Reserves Work Group report to the National Association of Insurance Commissioners’ Life and Health Actuarial Task Force (LHATF) at the LHATF Spring 2008 NAIC Meeting. (
)
Report from the Preferred Valuation Basic Table Team, a subgroup of the American Academy of Actuaries /Society of Actuaries Joint Preferred Mortality Project Oversight Group, to the Life and Health Actuarial Task Force (LHATF) of the NAIC on the 2008 valuation basic mortality table (VBT), and slides from the report presentation. (
)
Consistency Work Group report on definitions to include in VM-1 of the Valuation Manual as presented to the NAIC’s Life & Health Actuarial Task Force. (
)
Modeling Subgroup of the Life Reserves Work Group report to the National Association of Insurance Commissioners’ Life and Health Actuarial Task Force in Orlando, FL. (
)
Recommended changes to the statutory blank to accommodate principle-based reserving. (
)
- Section 20: PBR requirements for life products.
- Section 40: Review opinion requirements for a PBR valuation.
- Section 50: Experience reporting requirements.
- Section 51: Experience reporting formats.
Report from the Group Term Life Waiver Table Work Group. (
)
Valuation and Law Manual Team report to the LHATF. (
)
Proposed revisions to draft valuation manual and review opinion requirements for a PBR valuation.
( )
( )
Sample actuarial report for life policies subject to PBR valuation. (
)
Life Reserves Modeling Subgroup report on a possible tail risk test. (
)
Report on governance requirements for principle-based life reserves and capital with exhibits.
Reinsurance Work Group report on PBR risk transfer requirements. (
)
Annuity Reserves Work Group report to NAIC on Valuation Manual work. (
)
