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
Comment / Letter
Subcommittee Comments to LATF on Gross Wealth Factors
The Economic Scenario Generator Subcommittee submitted comments to the Life Actuarial (A) Task Force on Generator of Economic Scenarios (GOES) gross wealth factors.
Comment / Letter
Subcommittee Comments to LATF on Stylized Facts and Acceptance Criteria
The Economic Scenario Generator Subcommittee submitted comments to the Life Actuarial (A) Task Force on the October 5 exposure of the Generator of Economic Scenarios (GOES) stylized facts and…Practice Councils Engage With Colorado on Antidiscrimination
The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data and…
Comment / Letter
Practice Councils Engage With Colorado on Antidiscrimination Law
The Life Practice Council and Casualty Practice Council submitted comments to the Colorado Division of Insurance on its draft regulation, Concerning Quantitative Testing of External Consumer Data and…
Comment / Letter
Subcommittee Liaises With NAIC on VM-22
The Annuity Reserve and Capital Subcommittee submitted comments to the NAIC’s Valuation Manual (VM)-22 Subgroup on the July 2023 exposure draft of the VM-22 Standard Projection Amount (SPA),…
Topics: NAIC
Presentation
C1 Subcommittee Presents at Securities Valuation Office Training
C1 Subcommittee Chairperson Steve Smith and Senior Life Fellow Nancy Bennett presented to the Valuation of Securities Task Force at the Securities Valuation Office training on principles for…
Topics: Risk-Based Capital
Presentation
Economic Scenario Generator Subcommittee Presents to LATF
The Economic Scenario Generator Subcommittee presented to the NAIC’s Life Actuarial (A) Task Force on acceptance criteria for interim rate levels.
Topics: NAIC
Academy Committee and SOA Oversight Advisory Council Present to LATF
The Academy’s Life Experience Committee and the SOA’s Mortality and Longevity Oversight Advisory Council (MLOAC) presented to the National Association of Insurance Commissioners’ Life Actuarial…
Topics: NAIC
Presentation
Subcommittee Presents to Risk-Based Capital Investment Risk and Evaluation (E) Working Group
The C1 Subcommittee presented to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on principles for structured securities RBC.
Presentation
Economic Scenario Generator Subcommittee Presents to LATF
The Economic Scenario Generator Subcommittee presented to the NAIC’s Life Actuarial (A) Task Force on interest rate acceptance criteria at the NAIC Summer National Meeting in Seattle, WA.
Topics: NAIC