Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
Health Committee News
ASB Adopts Final Revision of ASOP No. 5
The ASB recently adopted a final revision of ASOP No. 5, Incurred Health Claim Liabilities. This ASOP provides guidance to actuaries when estimating or reviewing incurred claims when preparing or…
Topics: ASB News
Date Published: 04/27/2017
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Capital Resources
Comment / Letter
Comments to NAIC Groups Regarding the LRBCWG/VACRSG Exposure
The C-3 Subcommittee and Variable Annuity Reserves and Capital Subcommittee provided comments to the NAIC’s Life Risk-Based Capital (E) Working Group (LRBCWG) and to the Variable Annuities Capital…
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
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…
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), Longevity…
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.
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
Comment / Letter
Work Group Comment Letter on Life Risk-Based Capital
RBC Tax Reform Work Group comment letter to NAIC on the rounding of C-2 life insurance RBC factors and life RBC charges for certain health insurance coverages.
Comment / Letter
Work Group Follow-Up Letter to NAIC on Impact of Tax Changes on RBC
RBC Tax Reform Work Group follow-up letter to NAIC Life Risk-Based Capital Working Group on additional comments regarding impact of changes to corporate tax rate on risk-based capital calculation.
Comment / Letter
Work Group Comments on Life RBC Operational Risk Factor
Operational Risk Work Group comments to the NAIC on the implementation of the Life Risk-Based Capital operational risk factor.
Comment / Letter