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

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
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…
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.
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
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
NAIC Report
Presentation on Principle-Based Approaches Training for Regulatory Actuaries
Presentation to PBR Working Group on PBR Training for Regulatory Actuaries.
Topics: NAIC
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
Presentation
LPC Presentation on Principle-Based Reserving
Life Practice Council presentation on Principle-Based Reserving.
Topics: Principle-Based Reserving
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
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