Annuity Reserves and Capital Work Group's Letter and Spreadsheet to Valuation Manual (VM)-22 Subgroup on VM-22 Mix

The Academy’s Annuity Reserves and Capital Work Group's letter and spreadsheet to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force’s VM-22 Subgroup regarding a reinvestment credit quality assumption consistent with the current VM-22 mix.