VA Reserves and Capital Work Group Releases VM-21 Practice Note Supplement Exposure Draft
The Life Practice Council's Variable Annuity (VA) Reserves and Capital Work Group released an exposure draft of its VM-21 Practice Note Supplement, Implementation of Requirements for Principle-Based Reserves for Variable Annuities – 2021 Edition of VM-21. The comments on the exposure draft are due to the Academy by April 30, 2021, and can be sent to lifeanalyst@actuary.org.