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
Work Group Comments to RBCIREWG on Exposure 2023-09-IRE
The C1 Work Group submitted a comment letter to the NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on Exposure 2023-09-IRE – Interim Residual Tranche C1 Factor.
Comment / Letter
Work Group Comments to LATF on APF 2023-06
The Life Reserves Work Group submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on the April 20 exposure of APF 2023-06.
Topics: NAIC
Comment / Letter
Work Group Comments to Product Standard Committee on ILVA Product Standards
The Index-Linked Variable Annuity Work Group submitted a comment letter to the ILVA Subgroup of the Product Standard Committee Interstate Insurance Product Regulation Commission on 2023 Compact…
Comment / Letter
Work Group Comments to LATF on APF 2023-03
The Life Reserves Work Group (LRWG) submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on proposed changes to VM-20 outlined in APF 2023-03 (Part 1).
Topics: NAIC
Comment / Letter
Work Group Comments to LATF on APF 2023-05
The Variable Annuity Reserve and Capital Work Group (VARCWG) submitted a comment letter to the NAIC’s Life Actuarial (A) Task Force (LATF) on APF 2023-05; specifically, hedging language to address…
Topics: NAIC
Comment / Letter
Committee Comments to LATF on Bond Risk Measures
The Life Valuation Committee submitted a comment letter to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force (LATF) on the Valuation of Securities (VOSTF) Task…
Presentation
Life Practice Council Submits Presentation to NAIC Life Actuarial (A) Task Force
The LPC gave a presentation to the Life Actuarial (A) Task Force (LATF) at the National Association of Insurance Commissioner’s Spring National Meeting on current and future LPC workstreams.
Topics: NAIC
Committee Releases White Paper on Long-Duration Targeted Improvements (LDTI)
The Life Financial Reporting Committee released a white paper, FASB Long-Duration Targeted Improvements—A Discussion of Enhanced Disclosures, which focuses on certain considerations in implementing…
Comment / Letter
Work Group Submits Comment Letter to the NAIC’s Life Actuarial (A) Task Force (LATF)
The Life Reserves Work Group submitted a comment letter to the National Association of Insurance Commissioners’ (NAIC) LATF on the proposed changes to VM-20 outlined in APF 2023-03.
Topics: NAIC
Comment / Letter
Work Group Submits Comment Letter to the NAIC’s Life Actuarial (A) Task Force (LATF)
The Life Reserves Work Group submitted a comment letter to the National Association of Insurance Commissioners (NAIC) LATF on the proposed changes to VM-20 outlined in APF 2023-03.
Topics: NAIC