Reserves

The minimum statutory reserve standard for all life and annuity products.

Reserves

Reserves Resources

NAIC Report

LRWG Amendment Proposal on VM-20 to NAIC

Life Reserves Work Group’s amendment proposal form regarding the VM-20 to the NAIC’s VM PBR Life Subgroup.
Topics: NAIC
Date Published: 06/13/2011
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NAIC Report

FS/RM APF to Clarify Issues in VM-20 Impact Study

Financial Soundness/Risk Management Committee amendment proposal to the NAIC’s VM PBR Life Subgroup.
Date Published: 05/18/2011
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Practice Note

Application of C-3 Phase II and Actuarial Guideline XLIII

Variable Annuity Practice Note Work Group practice note on the Application of C-3 Phase II and Actuarial Guideline XLIII.
Date Published: 04/06/2011
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NAIC Report

Update on Development of New Mortality Tables

Life Experience Subcommittee update on the Development of New Mortality Tables to the NAIC’s Life Actuarial Task Force.
Topics: NAIC
Date Published: 03/24/2011
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NAIC Report

Tax WG Report on Three-Year Statutory Transition Period

Tax Work Group report regarding Federal Tax Reserves and the Life PBR Elective Three-Year Statutory Transition Period for the NAIC’s Life Actuarial Task Force. Please see July 27, 2012 report…
Topics: NAIC
Date Published: 03/01/2011
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NAIC Report

Life Experience Subcommittee Update to LHATF

Life Experience Subcommittee update on the development of new mortality tables to the LHATF.
Topics: NAIC
Date Published: 10/16/2010
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NAIC Report

VUL Subgroup Deterministic Return Report to LHATF

Variable Universal Life Subgroup report to the NAIC VM PBR Life Subgroup regarding deterministic return paths in VM-20.
Topics: NAIC
Date Published: 10/01/2010
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Scenario and Cell Model Reduction

Modeling Efficiency Work Group practice note regarding scenario and cell model reduction.
Date Published: 09/22/2010
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NAIC Report

Presentation to LHATF from Life Experience Subcommittee on Development of New Payout Annuity Mortality Table

Slides to LHATF from the Academy Life Experience Subcommittee regarding Development of New Payout Annuity Mortality Table.
Topics: NAIC
Date Published: 08/12/2010
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Presentation

PBA 101 Slides

PBA 101 slides describing the history and basics of the principle-based approach to reserves and capital.
Date Published: 08/01/2010
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