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.
Staff Liaison:
Amanda Barry-Moilanen
ASB Liaison:
Linda Lankowski
Professional Liaison:
Mike Ward
Chairperson:
Jason Kehrberg
Vice Chairperson:
Matt Monson
Members:
Marc Altschull
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Christopher Conrad
Bruce Friedland
R. Dale Hall
Laura Hanson
Richard Hayes
Jonathan Heldmann
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
Paul Navratil
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Marcy Thailer
Kyle Wan
Mary Bahna-Nolan
Susan Bartholf
Mary Caramagno
Charles Chacosky
Donna Claire
Christopher Conrad
Bruce Friedland
R. Dale Hall
Laura Hanson
Richard Hayes
Jonathan Heldmann
Andrew Jenkins
Elizabeth Keith
Linda Lankowski
Angela McShane
Donna Megregian
Craig Morrow
Maambo Mujala
Paul Navratil
David Neve
Hal Pedersen
Leonard Reback
April Shen
Stephen Smith
Dylan Strother
Marcy Thailer
Kyle Wan
Related Publications
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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C3 Subcommittee Updates NAIC’s Life RBC Working Group
The C3 Subcommittee presented an update to NAIC’s Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors.
Topics: Actuarial Standards
Date Published: 03/25/2025
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Practice Councils Comment to NAIC’s New RBC Model Governance Task Force
Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s...Date Published: 03/14/2025
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LPC Comments to LATF on Reinsurance Actuarial Guideline Draft Exposure
The Life Practice Council provided comments to the Life Actuarial (A) Task Force on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure.
Topics: Reinsurance
Date Published: 02/28/2025
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Committee Comments on APF 2024-16
The Life Products Committee provided comments to the Life Actuarial (A) Task Force on a re-exposure of APF 2024-16, meant to provide guidance on a universal life nonforfeiture issue.Date Published: 02/28/2025
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LPC Comments to LATF on Illustration Actuary Knowledge Statements
The Life Practice Council provided comments to the Life Actuarial (A) Task Force on the Illustration Actuary Knowledge Statements.Date Published: 02/28/2025
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Subcommittee Comments to LATF
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 for Remaining Decisions on Framework.
Topics: NAIC
Date Published: 02/26/2025
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Committees Comment to FASB on Agenda Request
The Financial Reporting Committee and the Life GAAP Reporting Committee sent an agenda request letter to the Financial Accounting Standards Board (FASB) encouraging FASB to consider a project...Date Published: 02/04/2025
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Subcommittee Comments on SPA Policyholder Behavior Assumptions
The Annuity Reserve and Capital Subcommittee provided comments to the Valuation Manual (VM)-22 (A) Subgroup on proposed edits to the Standard Projection Amount (SPA) Policyholder Behavior...Date Published: 02/04/2025
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Committee Comments on APF 2024-16
The Life Products Committee commented on the recent exposure of APF 2024-16, which attempts to address requests for guidance on a standard nonforfeiture issue related to universal life policies in...Date Published: 01/24/2025
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LPC Comments to LATF on Reinsurance Exposure
The Life Practice Council provided comments to the NAIC Life Actuarial Task Force (LATF)'s exposures: Asset Adequacy Testing (AAT) for Reinsurance Actuarial Guideline (AG) Exposure Questions...
Topics: NAIC Reinsurance
Date Published: 01/15/2025
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Life Subcommittee Releases ASOP No. 2 Practice Note
The Life Practice Council’s Non-Guaranteed Elements Subcommittee released a public policy practice note, Actuarial Standard of Practice (ASOP) No. 2: Non-Guaranteed Elements for Life and Annuity...
Topics: Public Policy
Date Published: 01/10/2025
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Asset Adequacy Analysis (updated for 2024)
This update of the 2017 Asset Adequacy Analysis practice note by the Academy’s Life Valuation Committee provides assistance to actuaries who are faced with the requirement of asset adequacy...Date Published: 12/24/2024
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Subcommittee Comments to VM-22 Subgroup on Longevity Reinsurance Exposure
The Annuity Reserve and Capital Subcommittee commented to the NAIC's Valuation Manual (VM)-22 (A) Subgroup on their exposure of a longevity reinsurance reserving proposal.Date Published: 12/04/2024
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