Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.

Capital Resources
Comment / Letter
Capital Work Group’s Letter and Spreadsheet to Valuation Manual (VM)-22 Subgroup
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…
Comment / Letter
C-2 Longevity Risk Work Group’s Comment Letter to NAIC on Longevity Factors and Instructions
C-2 Longevity Risk Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on the exposure (2021-13-L),…
Comment / Letter
C1 Work Group’s Comment Letter to NAIC on Bond Factors
C1 Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Risk-Based Capital Working Group (LRBCWG) on its exposures of proposed bond factors and…C1 Work Group’s Updated Bond Factors to LRBC Working Group
The C1 Work Group’s letter to the NAIC’s Life Risk-Based Capital (LRBC) Working Group, including an update to previously proposed base bond factors and companion portfolio adjustment formula to…C-2 Work Group Update to NAIC’s Life Risk-Based Capital (E) Working Group
C-2 Mortality Work Group update to the NAIC’s Life Risk-Based Capital (E) Working Group reviewing the C-2 overall approach and current risk-based capital (RBC) factors.
Presentation
Presentation on C-3 Work Group Update to NAIC Life Risk-Based Capital (E) Working Group
The Academy C-3 Life and Annuities Work Group (C-3 WG) has a request from the NAIC Life Risk-Based Capital (E) Working Group (LRBC) to “Update the current C-3 Phase I or C-3 Phase II methodology to…
Comment / Letter
Work Group Comment Letter to NAIC on Exposed Guidance Document
RBC Tax Reform Work Group comment letter to NAIC Life Risk-Based Capital Working Group on their exposed guidance document on the interpretation of 2018 Life Risk-Based Capital Results.
NAIC Report
Work Group Guidance Document on Interpretation of LRBC Results
RBC Tax Reform Work Group letter to NAIC on the interpretation of year-end 2018 life risk-based capital results in light of the 2017 Tax Cuts and Jobs Act.
Presentation
Work Group Update to LRBC
C-2 Work Group presentation to NAIC Life Risk-Based Capital (E) Working Group on its projects.
Comment / Letter
Work Group Comment Letter to NAIC on Operational Risk Growth Charge
Life Operational Risk Work Group comment letter to NAIC on prospective operational risk growth charge for Life RBC Formula.
Topics: NAIC