The Asset Adequacy Analysis Committee released for exposure a practice note on current practices in asset adequacy analysis and testing. Comments are due by Oct. 6.
Representatives of the Actuarial Climate Volatility Index Subcommittee made a presentation to the NAIC’s Climate Change and Global Warming Working Group on the ongoing development of an Actuaries Climate Index and Actuaries Climate Risk Index.
The Long-Term Care Principle-based Work Group presented an update to the NAIC’s Long-Term Care Actuarial Working Group on progress in developing a principle-based approach model and a timeline for completion.
The Long-Term Care Terminations Work Group presented an update to the NAIC’s Long-Term Care Actuarial Working Group on progress made in developing a recommendation on LTC terminations and next steps.