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
Task Force Presentation to NAIC on Longevity Risk Field Study
Longevity Risk Task Force presentation to NAIC’s Life Actuarial (A) Task Force on the proposed longevity risk field study.
Topics: NAIC
Presentation
Committee Response to NAIC Request for Further Analysis and Comparison of Reserves for GI Plans
Life Experience Committee presentation to NAIC on analysis and comparison of reserves for Guaranteed Issue (GI) plans.
Topics: NAIC
Presentation
Subgroup Presentation on Academy PBR Efforts
PBR Governance Subgroup update to the NAIC Life Actuarial (A) Task Force on the Academy’s efforts on PBR implementation.
Presentation
Subgroup Presentation on Role of the Actuary
Role of the Actuary Subgroup’s update on the development to the NAIC Life Actuarial (A) Task Force on the definition of “qualified actuary”.
Topics: NAIC
NAIC Report
Life Experience Committee Presentation on GI and SI Tables
Life Experience Committee presentation to the NAIC Life Actuarial (A) Task Force on joint committee recommended changes related to guaranteed issue (GI) tables, and exposed simplified issue (SI)…
Topics: NAIC
Presentation
Life Experience Committee Presentation on Accelerated Underwriting Techniques
Life Experience Committee presentation to the NAIC Life Actuarial (A) Task Force on developing accelerated underwriting techniques.
Topics: NAIC
Presentation
Work Group Update on Life Mortality Risk-Based Capital (RBC)
The C2 Life Mortality RBC Work Group presentation on their work reviewing the C2 RBC requirement for life insurance to the NAIC’s Life Risk Based Capital Working Group.
Presentation
Task Force Update on Longevity Risk
Tricia Matson, Chairperson of the Academy’s Longevity Risk Task Force (LRTF) presentation to the NAIC’s Life Risk Based Capital Working Group.
Topics: NAIC
Presentation
Work Group Presentation on Non-Variable Annuity PBR
Annuity Reserves Work Group presentation on its work related to issues that need to be modified for non-variable annuities to the Life Actuarial Task Force.
Topics: Annuities
Presentation