Reserves
The minimum statutory reserve standard for all life and annuity products.
Reserves Resources
Comment / Letter
Variable Annuity Reserves and Capital Work Group’s VM-21 Practice Note Supplement
The Academy’s Variable Annuity Reserves and Capital Work Group’s VM-21 Practice Note Supplement, Implementation of Requirements for Principle-Based Reserves for Variable Annuities – 2022 Edition…
Topics: Annuities
Comment / Letter
Capital Work Group’s Letter and Spreadsheet to Valuation Manual (VM)-22 Subgroup
The Academy’s Annuity Reserves and Capital Work Group’s letter and spreadsheet to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force’s VM-22 Subgroup regarding a…
Comment / Letter
C-2 Longevity Risk Work Group’s Comment Letter to NAIC on Reserve Implications of Proposed VM-22 Principle-Based Reserving Framework
The C-2 Longevity Risk Work Group’s comments to the National Association of Insurance Commissioners’ Longevity Risk (A/E) Subgroup on reserve implications of expanding the scope of C-2 Longevity…
Comment / Letter
Life Reserves Work Group’s Comment Letter to NAIC on Asset Adequacy Testing for Reinsurance
Life Reserves Work Group submitted a comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Actuarial Task Force (LATF) on a Valuation Manual amendment proposal form…
Comment / Letter
Life Reserves Work Group’s Comment Letter to NAIC on APF 2020-10
Life Reserves Work Group’s comment letter to the National Association of Insurance Commissioners’ (NAIC) Life Actuarial Task Force (LATF) on an amendment proposal form (APF 2020-10), which…
Presentation
SVL Interest Rate Modernization Work Group Update at NAIC Summer 2019 National Meeting
SVL Interest Rate Modernization Work Group update to the Life Actuarial (A) Task Force at the NAIC Summer 2019 National Meeting.
Topics: NAIC
NAIC Report
Life Reserves Work Group Presentation at NAIC Spring 2019 National Meeting
Life Reserves Work Group presentation to the Life Actuarial (A) Task Force on PBR treatment for individually underwritten group insurance.
Topics: NAIC
Comment / Letter
Revised APF on Aggregation of Mortality Segments
Life Reserves Work Group revised APF on the aggregation of mortality segments in VM-20.
Topics: NAIC
Presentation
Work Group Presentation on Indexed UL Under VM-20
Life Reserves Work Group presentation to the NAIC’s Life Actuarial (A) Task Force on deterministic reserve considerations for indexed universal life (UL) under VM-20.
Presentation