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.

Life
Capital

Capital

Life and annuity capital adequacy and recommendations to improve life Risk-Based Capital (RBC) requirements.
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Financial Reporting

Financial Reporting

Life insurance and annuity topics that involve financial reporting, with an emphasis on GAAP and international issues.
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Product

Product

Life and annuity product features and their design.
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Reserves

Reserves

The minimum statutory reserve standard for all life and annuity products.
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More Life Issues

Life Resources

NAIC Report

Presentation to LHATF from Life Experience Subcommittee on Development of New Payout Annuity Mortality Table

Slides to LHATF from the Academy Life Experience Subcommittee regarding Development of New Payout Annuity Mortality Table.
Topics: NAIC
Date Published: 08/12/2010
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NAIC Report

ARWG Report to LHATF on Statutory Valuation of Deposit Fund Contracts in Seattle

ARWG report to LHATF on statutory valuation of deposit fund contracts in Seattle.
Topics: NAIC
Date Published: 08/01/2010
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NAIC Report

Amendment Proposals to VM-20 on Reinvestment Spread Proposal

Amendment proposals to the VM-20 regarding consistent simplification, scenario reduction, the stochastic exclusion test and supplemental information on the reinvestment spread proposal.
Topics: NAIC
Date Published: 07/01/2010
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Comment / Letter

Letter to CATF on Commercial Real Estate Mortgage Risk Based Capital

Invested Asset Work Group letter to the Capital Adequacy Task Force regarding the proposed increase to commercial real estate mortgage risk based capital.
Topics: NAIC
Date Published: 06/02/2010
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NAIC Report

LRWG Amendment Proposal to VM-20 on Margin Ratios

LRWG amendment proposal to the VM-20 regarding margin ratios.
Topics: NAIC
Date Published: 06/01/2010
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NAIC Report

LRWG Amendment Proposal to VM-20 for Prescribed Reinvestment Asset Spreads

Amendment proposal to the VM-20 to modify requirements for prescribed reinvestment asset spreads.
Topics: NAIC
Date Published: 06/01/2010
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NAIC Report

Report to LHATF on General Revision of Life and Annuity Standard Non-forfeiture Laws

NFIWG report to LHATF regarding general revision of life and annuity standard non-forfeiture laws.
Topics: NAIC
Date Published: 03/31/2010
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NAIC Report

Report to LHATF on Actuarial Guideline 25

Report of the Nonforfeiture Improvement Work Group to LHATF on Actuarial Guideline 25.
Topics: NAIC
Date Published: 03/01/2010
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NAIC Report

AIWG Presentation to NAIC Annuity Disclosure Working Group on Annuity Illustration Guidelines

Annuity Illustrations Work Group presentation to NAIC Annuity Disclosure Working Group on annuity illustration guidelines.
Topics: NAIC
Date Published: 03/01/2010
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NAIC Report

Amendment to VM-20 by LRWG with Accompanying Theoretical Foundation

Amendment to VM-20 by the Life Reserves Work Group with accompanying theoretical foundation.
Topics: NAIC
Date Published: 03/01/2010
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