The Health Solvency Subcommittee submitted a report to the NAIC’s Health Risk-Based Capital (E) Working Group regarding the working group’s request of the subcommittee to conduct a comprehensive review of the H2—Underwriting Risk component and managed care credit calculation in the NAIC’s health risk-based capital formula.

The Academy’s Data Science and Analytics Committee (DSAC) presented to the National Association of Insurance Commissioners’ (NAIC) Casualty Actuarial and Statistical (C) Task Force (CASTF) Book Club on their recent major issue paper, Big Data and Algorithms in Actuarial Modeling and Consumer Impacts.

The Index-Linked Variable Annuities Work Group submitted a comment letter to the National Association of Insurance Commissioners’ Index-Linked Variable Annuity (A) Subgroup of the Life Insurance and Annuities (A) Committee on a proposed actuarial guideline (AG) regarding Index-Linked Variable Annuities.

The Asset Modeling and Reporting Work Group submitted comments to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force on its proposed second exposure draft of an actuarial guideline (AG) regarding asset adequacy testing.

The Extreme Events and Property Lines Committee published a new document, Wildfire: An Issue Paper—Lessons Learned from the 2017-2021 Events.

The Fall-Winter Life Perspectives leads with a Q&A on the Future Mortality Improvement Recommendation relative to VM-20. Also in the issue, LPC comments to the NAIC; the Actuarial Standards Board (ASB) adopts revisions of Actuarial Standard of Practice (ASOP) Nos. 2 and 22; an LPC task force submitted comments to the ASB on the exposure draft of ASOP No. 24; and recent life-insurance related legislative and regulatory activity.