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
LRWG Comments on NY PBR Memo to LHATF
Life Reserves Work Group comments on a New York principle-based reserve memo.
Topics: NAIC
Comment / Letter
VARWG Comments to LHATF on Proposed Changes to AG VACARV
Variable Annuity Reserve Work Group comments to LHATF regarding proposed changes to AG VACARVM.
Topics: NAIC
NAIC Report
LRWG Presentation to LHATF – 20-Year-Term Margin
Life Reserves Work Group presentation to LHATF on 20-year-term margin examples, and accompanying spreadsheet.
Topics: NAIC
NAIC Report
Explanatory Slides to NAIC on Medicare Part D
Medicare Part D Subgroup explanatory slides from a memo to the NAIC regarding 2006 RBC changes to Medicare Part D Prescription Drug Coverage.
Comment / Letter
Comments on Attached Forms A and B of Proposed Changes to Accounting Practices and Procedures Manual
Comments on proposed changes to the Accounting Practices and Procedures Manual.
NAIC Report
Valuation Task Force Presentation on Viability Analysis
Valuation Task Force presentation to the NAIC’s Life and Health Actuarial Task Force on viability analysis.
NAIC Report