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
NAIC Report
Group Term Life Waiver Valuation Table Update
Group Term Life Waiver Work Group presentation to LHATF providing an update on group term life waiver valuation table work.
Topics: NAIC
NAIC Report
Valuation Law Manual and Report from Valuation and Law Manual Team
Valuation and Law Manual Team draft valuation manual plus accompanying report and slide presentation and news release.
Topics: NAIC
NAIC Report
Background Report on Preferred Mortality
Joint SOA/AAA Preferred Mortality Project oversight Group report and presentation regarding preferred mortality.
Topics: NAIC
NAIC Report
Academy Invested Asset Work Group Status Report: Required Capital for Hybrid Securities
Invested Asset Work Group presentation providing a status report to the NAIC’s Hybrid Working Group.
Topics: NAIC
NAIC Report
SVL2/PBA Presentation to LHATF
Life Financial Soundness/Risk Management (SVL2) Committee presentation to LHATF on SVL2/PBA.
NAIC Report
LRWG Update to LHATF on Requirements for Principle-Based Reserves for Life Products
LRWG report to LHATF and an update to the March LHATF exposure of the Requirements for Principle-based Reserves for Life Products.
Topics: NAIC
NAIC Report
LCWG Revision of Hybrid Securities Plan
Updated report to the NAIC from the Life Capital Work Group.
Topics: NAIC
NAIC Report
Valuation Law and Manual Team Status Report and Presentation on Transition to Principle-based Framework
status report team subroup’s report presentation
Topics: NAIC
NAIC Report
ACWG Report on C3 Component of Life RBC Formula
Annuity Capital Work Group report on its work evaluating the C3 component of the life RBC formula.
Topics: NAIC
NAIC Report
Updated Academy/SOA Preferred Mortality Project Oversight Group Presentation
Actuaries Present Valuation Manual Draft to the NAIC.
Topics: NAIC