Reserves

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

Reserves

Reserves Resources

NAIC Report

Proposed Methodology for Setting Prescribed Default Costs on Existing Fixed Income Investments in VM-20

LRWG Asset Subgroup presentation on a proposed methodology for setting prescribed default costs on existing fixed income investments in VM-20.
Topics: NAIC
Date Published: 03/15/2009
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NAIC Report

Valuation Law Manual Team Report to LHATF

VLMT PBR Life Scope Subgroup draft report containing an analysis of potential scope and implementation options for Life Insurance Policy Reserves as outlined in VM-00, Section II of the Valuation…
Date Published: 03/14/2009
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NAIC Report

LRWG Report to LHATF Regarding UL with Secondary Guarantee Reinsurance

LRWG report to the LHATF on examples of universal life secondary guarantee reinsurance and analyzes the treatment of the presented situations under the current draft of VM-20.
Topics: NAIC Reinsurance
Date Published: 03/14/2009
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NAIC Report

CWG Amendment to VM-00

Consistency Work Group draft amendment form for VM-00 revising language describing six underlying concepts of the principle-based approach, potentially in keeping with the draft standard valuation…
Topics: NAIC
Date Published: 03/01/2009
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NAIC Report

Proposed Methodology for Setting Prescribed Net Spreads on New Investments in VM-20

LRWG Asset Subgroup presentation to interested parties and regulators on a proposed methodology for setting prescribed net spreads on new investments in VM-20.
Topics: NAIC
Date Published: 12/11/2008
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NAIC Report

Presentation on Principle-Based Approaches Training for Regulatory Actuaries

Presentation to PBR Working Group on PBR Training for Regulatory Actuaries.
Topics: NAIC
Date Published: 12/06/2008
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NAIC Report

Report to NAIC from Group Life Waiver of Premium Valuation Table Work Group

Group Life Waiver Premium Valuation Table Work Group reports to the NAIC’s Life and Health Actuarial Task Force.
Topics: NAIC
Date Published: 09/30/2008
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Presentation

LPC Presentation on Principle-Based Reserving

Life Practice Council presentation on Principle-Based Reserving.
Date Published: 09/30/2008
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NAIC Report

Preferred Mortality September 21 LHATF Valuation Table Team Update

Society of Actuaries and the American Academy of Actuaries’ Joint Project Oversight Group update on their work.
Topics: NAIC
Date Published: 09/21/2008
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Comment / Letter

Comments on Qualifications of Appointed Actuary for Life and Health Companies

American Academy of Actuaries and the Society of Actuaries comments to the NAIC.
Topics: NAIC
Date Published: 08/31/2008
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