Life Practice Council

Life Practice Council

The Life Practice Council oversees the Academy's public policy work on life insurance issues. The council manages the work of its committees, subcommittees, and work groups. The Academy's vice president for life insurance issues heads the council and serves on the Academy Executive Committee and Board of Directors.

Related Publications

C-3 Subcommittee Presents to NAIC on C3 Alignment

The C-3 Subcommittee provided an update on C3 Alignment to NAIC's Life Risk-Based Capital (E) Working Group meeting.
Topics: Life
Date Published: 09/11/2025
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Subcommittee Comments on AG49-A to LATF

The Life Illustration Subcommittee submitted comments to NAIC's Life Actuarial (A) Task Force (LATF) on recent amendments to APF AG 49-A Section 7.
Topics: Life
Date Published: 09/09/2025
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LPC Presents on AG 55 to LATF

The Life Practice Council submitted comments to NAIC's Life Actuarial (A) Task Force (LATF) on the template exposure for AG 55.
Topics: Life
Date Published: 09/09/2025
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Comment Letter to NAIC on AI Systems Evaluation Tool

Providing an actuarial perspective on responsible use of AI in insurance, vice presidents from the Academy's casualty, health, life, and risk management and financial reporting councils sent a...
Date Published: 09/08/2025
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Governance Checklist, Related to Testing Life Insurance Underwriting for Unfairly Discriminatory Practices

The Life Underwriting and Risk Classification Subcommittee released Governance Checklist, Related to Testing Life Insurance Underwriting for Unfairly Discriminatory Practices, which outlines items...
Topics: Life
Date Published: 08/27/2025
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Academy Presents on Hybrid Life/LTC Products at SOA ValAct

Life Practice Council volunteers Rachel Marie Brewster, Robert Eaton, and Matthew Hantelman presented at the Society of Actuaries Valuation Actuary Meeting (SOA ValAct) in Chicago on hybrid life and...
Topics: Life
Date Published: 08/19/2025
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Academy Presents on YRT Reinsurance at SOA ValAct

Life Practice Council volunteers Linda Lankowski, Catherine Murphy, and April Shen presented at the Society of Actuaries Valuation Actuary Meeting (SOA ValAct) in Chicago on yearly renewable...
Topics: Life
Date Published: 08/19/2025
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Academy Presents on VM-22 at SOA ValAct

Life Practice Council volunteers Brent Dooley, Bruce Friedland, and Jonah von der Embse presented on VM-22-including background, regulation, calculations, high-level results from field test and...
Topics: Life
Date Published: 08/19/2025
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Academy Presents on NAIC, PBR Issues at SOA ValAct

Life Practice Council volunteers Donna Claire, Linda Lankowski, and Craig Morrow presented on NAIC activities, with a primary focus on updates to principle-based reserve (PBR) valuations and...
Topics: Life
Date Published: 08/19/2025
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LPC Updates LATF at NAIC Summer Meeting

The Life Practice Council (LPC) gave an update on its activities to the NAIC's Life Actuarial (A) Task Force (LATF) at NAIC's Summer National Meeting in Minneapolis.
Topics: Life
Date Published: 08/10/2025
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Practice Councils Comment to NAIC on RBC Principles

The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to NAIC's Risk-Based...
Date Published: 07/24/2025
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Comment Letter to the NAIC’s Life Actuarial (A) Task Force VM-22 Subgroup

The Annuity Reserves and Capital Subcommittee sent a comment letter to the NAIC's Life Actuarial (A) Task Force VM-22 Subgroup on the Chair Exposure of VM-22 Retrospective Application. 
Topics: NAIC
Date Published: 07/18/2025
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LPC Presents to LATF on YRT Guarantees

The Life Practice Council presented to the NAIC's Life Actuarial (A) Task Force (LATF) in response to a request to examine yearly renewable term (YRT) guarantees.
Topics: Life
Date Published: 07/10/2025
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Life Subcommittee Comments to Illustration Subgroup on APF AG 49-A

The Life Illustrations Subcommittee sent comments, and an accompanying redline to the NAIC's Life and Annuity Illustration (A) Subgroup on its exposure of APF AG 49-A Section 7 exposed 04.02.25.
Topics: NAIC
Date Published: 07/03/2025
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Life Subcommittee Comments to Colorado on Data Models Framework

The Life Underwriting and Risk Classification Subcommittee sent comments to the Colorado Division of Insurance on the draft Proposed Amended Regulation Governance and Risk Management Framework...
Topics: Life
Date Published: 06/06/2025
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Subcommittee Comments to LATF on APF 2025–04

The Economic Scenario Generator Subcommittee sent a comment letter to the NAIC's Life Actuarial (A) Task Force on the recent exposure of APF 2025-04, discussing the update to the Valuation Manual...
Topics: Life
Date Published: 06/02/2025
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Committee Submits Agenda Request to FASB on Funds Withheld and Modified Coinsurance 

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for funds withheld and...
Topics: Life
Date Published: 05/08/2025
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Committee Submits Agenda Request to FASB on LDTI

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding treatment of long-duration targeted improvements...
Topics: Life
Date Published: 05/08/2025
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Committee Submits Agenda Request to FASB on Fixed Indexed Annuities

The Life GAAP Reporting Committee submitted an agenda request to the Financial Accounting Standards Board (FASB) regarding the application of accounting guidance for indexed annuity...
Topics: Life
Date Published: 05/08/2025
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LPC Comments to LATF on AAT Reinsurance Draft

The Life Practice Council (LPC) provided comments to the NAIC's Life Actuarial (A) Task Force (LATF) on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure.
Topics: Life
Date Published: 04/25/2025
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