Reserves
The minimum statutory reserve standard for all life and annuity products.
Reserves Resources
NAIC Report
AOM Communication Improvement Report
Report by AOM Discussion Group on ideas to improve the communication of issues within the appointed actuary’s memorandum.
Topics: NAIC
Presentation
PBR Presentation to SERA Conference
Presentation on principle-based reserving for life insurance products to the Southeastern Regulators Association Conference.
NAIC Report
Academy Presentation on PBR at NAIC Financial Summit
Presentation to regulators at NAIC Financial Summit regarding practical application of PBR Valuation on life insurance.
NAIC Report
Aggregate Margin Task Force Update
Aggregate Margin Task Force update to the Life Actuarial Task Force on the development of aggregate margins to replace the current individual margins for use in VM-20.
Topics: NAIC
Presentation
PBR Implementation and Review Process Presentation to NCOIL
Presentation to National Conference of Insurance Legislators regarding the Implementation and Review process of Principle-based Reserves.
Presentation
Presentation on Annuity Mortality Tables and Draft Model Regulation
Life Experience Subcommittee presentation to the NAIC Life Actuarial Task Force with the Subcommittee’s conclusions on the 2012 Individual Annuity Mortality Basic Tables following a recent exposure…
Topics: NAIC
NAIC Report
FS/RM PBR Review and Updating Amendment to LATF
Financial Soundness/Risk Management Committee’s amendment proposal form to the NAIC Life Actuarial Task Force regarding the addition of a PBR Review and Updating Process to VM-00.
NAIC Report
Academy/SOA POG Reports on New Mortality Tables
Life Experience Subcommittee presentation providing a report of the joint SOA/Academy Project Oversight Group regarding new mortality tables.
Topics: NAIC
NAIC Report
ARWG Report on Definition of Deterministic Reserves in VM-22
ARWG report to the NAIC’s Life Actuarial Task Force regarding the development of a possible definition of Deterministic Reserves for use in VM-22 at the NAIC’s Spring National Meeting with…
Topics: NAIC
NAIC Report
LRWG Amendment Proposal Regarding VM-20
LRWG’s amendment proposal form regarding VM-20 to the Life Actuarial Task Force at the NAIC’s Spring National Meeting.
Topics: NAIC