Product
Life and annuity product features and their design.
Product
Life and annuity product features and their design.
Life Committee News
ASB Approves Exposure of Proposed ASOP on Principle-Based Reserves for Life Products
The ASB approved an exposure draft of a proposed new ASOP titled Principle-Based Reserves for Life Products. The proposed ASOP will apply to actuaries when performing actuarial services on behalf of…
Topics: ASB News
Date Published: 04/14/2017
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Comment / Letter
Model 245 Summary Guide & Actuarial Guideline Flow Chart Exposure Question
The Annuity Products Subcommittee provided comments to the June 2, 2026, exposure of the List of Potential Modifications to Model 245 Summary Guide and Actuarial Guideline as Mechanism for…
Presentation
Longevity Reinsurance Illustrations for Development of RBC C-2 factors
The Academy Longevity Risk Task Force held a meeting session with the NAIC to present Longevity Reinsurance Illustrations for Development of RBC C-2 factors. The Task Force provided illustrations of…
Comment / Letter
VM-22 Retrospective Application Exposure Comment Letter
The Annuity Reserves and Capital Subcommittee (ARCS) submitted comments to the NAIC’s Life Actuarial (A) Task Force Valuation Manual (VM)-22 (A) Subgroup on the VM-22 Retrospective Application…
Comment / Letter
Work Group Letter on Consolidated Comments for Annuity Disclosure Model Regulation
#245Annuity Illustration Work Group comment letter to NAIC on proposed changes to Annuity Disclosure Model Regulation #245.
Topics: NAIC
Comment / Letter
Work Group Comments on Life Insurance Buyer’s Guide Discussion Draft
Guaranteed Elements Work Group comment letter on the NAIC’s Life Insurance Buyer’s Guide (A) Working Group discussion draft.
Issue Brief
Retiree Lifetime Income: Choices & Considerations
time Income Risk Joint Task Force issue brief explaining general retirement planning considerations.
Topics: Retirement
Issue Brief
Retiree Lifetime Income: Product Comparisons
Lifetime Income Risk Joint Task Force issue brief intended to give a high-level perspective on a few key risks and aspects related to lifetime income.spreadsheet for the NAIC Life Actuarial Task Force that illustrates potential nonforfeiture benefits for guaranteed lifetime withdrawal benefits contained in fixed deferred annuities based on the work group’s December
ontained in fixed deferred annuities based on the work group’s December proposal.
Presentation
Longevity Risk Presentation to NCOIL
Senior Life Fellow Nancy Bennett presentation on longevity risk to a National Conference of Insurance Legislators panel at its annual meeting.
Comment / Letter
SAWG Comments on NAIC Draft Recommendation on Separate Accounts
Separate Account Products Work Group (SAWG) comments on the December 20, 2012 document, “Review of Non-Variable, Insulated Products/Product Characteristics with Proposed Recommendations” exposed on…
Topics: NAIC