Life
The Academy’s Life Practice Council (LPC) is dedicated to providing policymakers and regulators with unbiased technical expertise.
From crafting principle-based regulatory frameworks to optimizing risk-based capital strategies, the LPC is at the forefront of innovation in the life insurance industry.
Capital
Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
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Financial Reporting
Life insurance and annuity topics that involve financial reporting, with an emphasis on GAAP and international issues.
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Life Resources
Presentation
Subcommittee Presents at SOA ValACT Meeting on VM-22
Members of the Annuity Reserve and Capital Subcommittee, along with representatives from EY, presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on the VM-22 Field Test.
Presentation
LPC Presents at SOA ValACT Meeting on Offshore Reinsurance
Members of the Life Practice Council, along with representatives from Kuvare and the Minnesota Department of Commerce, presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on…
Topics: Reinsurance
Presentation
LPC Presents at SOA ValACT Meeting on NAIC Updates
Members of the Life Practice Council presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on regulatory updates on recent National Association of Insurance Commissioners (NAIC)…
Topics: NAIC
Presentation
Subcommittee Presents at SOA ValACT Meeting on GOES Project
Members of the Economic Scenario Generator Subcommittee, along with representatives from Oliver Wyman and the New Jersey Department of Banking and Insurance, presented at the Society of Actuaries’…
Presentation
Subcommittee Presents at SOA ValACT Meeting on Assets
Members of the Life Investment Analysis Subcommittee presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on Assets for Appointed Actuaries.
Presentation
LPC Gives Update to LATF at NAIC Summer Meeting
Life Policy Analyst Amanda Barry-Moilanen gave an update on Life Practice Council (LPC) activity to NAIC’s Life Actuarial (A) Task Force (LATF) at the NAIC Summer National Meeting in Chicago,…
Topics: NAIC
Comment / Letter
LPC Comments to LATF on Reinsurance Issues
The Life Practice Council provided comments to the Life Actuarial Task Force (LATF) regarding LATF’s “Reinsurance AAT Concepts” and “Reinsurance AAT Attribution Analysis” exposures.
Topics: Reinsurance
Comment / Letter
Life Subcommittee Comments to Colorado on Proposed ACLI Regulation
The Life Underwriting and Risk Classification Subcommittee commented to the Colorado Division of Insurance on the ACLI draft proposed quantitative testing regulation, Concerning Quantitative Testing…
Topics: Life Insurance
Comment / Letter
Subcommittee Comments to RBCIRE
The Academy’s C1 Subcommittee provided comments to the NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on the exposed interim residual tranche proposal by Everlake Life…
Comment / Letter
AARITF Offers Analysis to LATF on Reinsurance Issues
The Asset Adequacy and Reinsurance Issues Task Force provided comments to the Life Actuarial Task Force (LATF) regarding LATF’s “AAT Reinsurance Exposure 031724” document.
Topics: Reinsurance