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
Presentation
Subcommittee Presents to NAIC’s Life RBC Working Group
The C-3 Subcommittee presented to the Life Risk-Based Capital (E) Working Group on additional considerations for plans to address C-3 alignment, including a possible field test in 2026.
Topics: Life
Presentation
Committee Presents to NAIC’s Life RBC Working Group
The Life Investment and Capital Adequacy Committee presented to the Life Risk-Based Capital (E) Working Group on correlation across factors for life risk-based capital.
Topics: Life
Presentation
C3 Subcommittee Updates NAIC’s Life RBC Working Group
The C3 Subcommittee presented an update to NAIC’s Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors.
Topics: Actuarial Standards
Presentation
Academy Gives LPC Update at NAIC Spring Meeting
Director of State Public Policy Outreach Katie Dzurec provided an update on Life Practice Council (LPC) activities to the NAIC’s Life Actuarial (A) Task Force (LATF) at NAIC’s Spring National…
Topics: Actuarial Standards
Presentation
Academy Updates LATF on LPC Activity at NAIC Fall Meeting
Life Policy Analyst Amanda Barry-Moilanen provided an update on Life Practice Council (LPC) activities of interest to the NAIC’s Life Actuarial (A) Task Force (LATF) at their recent meeting in…
Topics: NAIC
Presentation
Subcommittee Presents at SOA ValACT Meeting on VM-22
Members of the Annuity Reserve and Capital Subcommittee, along with representatives from EY, presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on the VM-22 Field Test.
Presentation
LPC Presents at SOA ValACT Meeting on Offshore Reinsurance
Members of the Life Practice Council, along with representatives from Kuvare and the Minnesota Department of Commerce, presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on…
Topics: Reinsurance
Presentation
LPC Presents at SOA ValACT Meeting on NAIC Updates
Members of the Life Practice Council presented at the Society of Actuaries’ 2024 Valuation Actuary Meeting on regulatory updates on recent National Association of Insurance Commissioners (NAIC)…
Topics: NAIC
Presentation
Subcommittee Presents at SOA ValACT Meeting on GOES Project
Members of the Economic Scenario Generator Subcommittee, along with representatives from Oliver Wyman and the New Jersey Department of Banking and Insurance, presented at the Society of Actuaries’…
Presentation