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

Presentation

Subcommittee Presents to Risk-Based Capital Investment Risk and Evaluation (E) Working Group

The C1 Subcommittee presented to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on principles for structured securities RBC.  
Date Published: 08/13/2023
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Presentation

Economic Scenario Generator Subcommittee Presents to LATF

The Economic Scenario Generator Subcommittee presented to the NAIC’s Life Actuarial (A) Task Force on interest rate acceptance criteria at the NAIC Summer National Meeting in Seattle, WA.  
Topics: NAIC
Date Published: 08/11/2023
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Presentation

Academy Committee and SOA Oversight Advisory Council Submit Presentation to LATF

The Academy’s Life Experience Committee and the SOA’s Mortality and Longevity Oversight Advisory Council (MLOAC) presented to the National Association of Insurance Commissioners’ Life Actuarial…
Topics: NAIC
Date Published: 08/10/2023
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Presentation

Academy Presents to ERISA Advisory Council

Academy Senior Life Fellow Nancy Bennett and Paul Navratil, chairperson of the Life Investment and Capital Adequacy Committee, presented to the U.S. Department of Labor’s ERISA Advisory Council…
Date Published: 07/17/2023
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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
Date Published: 03/20/2023
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Presentation

Work Group Submits Presentation to the NAIC’s Life Risk-Based Capital (E) Working Group (LRBCWG)

Work Group Submits Presentation to the NAIC’s Life Risk-Based Capital (E) Working Group (LRBCWG)
Date Published: 01/26/2023
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Presentation

C1WG Slide Deck CLOs

The C1 Work Group submitted a presentation to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on collateralized loan obligations.  
Date Published: 12/16/2022
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Issue Brief

LPC Update Presentation

The Life Practice Council (LPC) and Life Experience Committee (LEC) submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on current LPC workstreams as well as two issue…
Topics: NAIC
Date Published: 12/16/2022
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Presentation

The Economic Scenario Generator Work Group submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on Economic Scenario Generator Stylized Facts and Acceptance Criteria

The Economic Scenario Generator Work Group submitted a presentation to NAIC’s Life Actuarial (A) Task Force’s Subgroup on Economic Scenario Generator Stylized Facts and Acceptance Criteria
Topics: NAIC
Date Published: 12/16/2022
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Date Published: 10/27/2022
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