Academy Resources

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Life Experience Work Group Releases Discussion Brief on Inflation

The Academy’s Life Experience Committee released a discussion brief on the impacts of inflation, interest rates, stock market volatility, and potential recession on life insurance business.   Download
Topics: Life Insurance
Date Published: 10/14/2022

Committee Submits List of Resources to NAIC Life Actuarial (A) Task Force

The Academy’s Life Experience Committee submitted a List of Resources to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force regarding COVID-19 in Life Insurance… Download
Date Published: 06/17/2022

Sources of Information on Life Insurance COVID Mortality

Sources of Information on Life Insurance COVID Mortality    Download
Topics: Life Insurance
Date Published: 06/17/2022

Committee Sends Presentation and Discussion Brief to NAIC Life Actuarial (A) Task Force

The Academy’s Life Experience Committee submitted a Presentation and a Discussion Brief to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force regarding COVID-19 in… Download
Date Published: 06/02/2022

COVID-19 in Life Insurance Mortality Improvement Discussion Brief

COVID-19 in Life Insurance Mortality Improvement Discussion Brief    Download
Topics: Life Insurance
Date Published: 06/02/2022

Committee Sends Issue Brief to NAIC Life Actuarial (A) Task Force

The Academy’s Life Experience Committee submitted a Discussion Brief to the National Association of Insurance Commissioners’ Life Actuarial (A) Task Force regarding COVID-19 in Life Insurance… Download
Date Published: 05/23/2022

Work Group Submits Comments to the Colorado Division of Insurance on SB21-169 on Life Insurance Underwriting

The Academy’s Life Underwriting and Risk Classification Work Group submitted comments to the Colorado Division of Insurance on the stakeholder engagement process to develop rules to implement… Download
Topics: Life Insurance
Date Published: 05/06/2022
Comment / Letter

Academy Comment Letter to the Colorado Division of Insurance on SB21-169 on Life Insurance Underwriting

Academy Comment Letter to the Colorado Division of Insurance on SB21-169 on Life Insurance Underwriting    Download
Topics: Life Insurance
Date Published: 05/02/2022
Practice Note

Work Group Releases Practice Note on Long-Term Care Insurance Combination Product Valuation

The Academy’s Life Long-Term Care Combo Product Valuation Practice Note Work Group released Long-Term Care Insurance Combination Product Valuation, a practice note to that addresses the application…
Date Published: 04/20/2022
Comment / Letter

Academy Submits Letter to Colorado Division of Insurance

Academy President Maryellen Coggins submitted a letter to the Colorado Division of Insurance in advance of the upcoming stakeholder engagement process for the recently passed state law aimed to… Download
Date Published: 02/04/2022

Index-Linked Variable Annuities Work Group Submits Comments on Proposed ILVA AG

The Index-Linked Variable Annuities Work Group submitted a comment letter to the National Association of Insurance Commissioners’ Index-Linked Variable Annuity (A) Subgroup of the Life Insurance… Download
Date Published: 01/27/2022

Life Underwriting and Risk Classification Work Group Submits Comments on Accelerated Underwriting

The Life Underwriting and Risk Classification Work Group submitted comments to the NAIC’s Accelerated Underwriting (A) Working Group on its paper summarizing the output of the working group’s… Download
Date Published: 12/03/2021
Comment / Letter

Life Underwriting and Risk Classification Work Group’s Comments on Accelerated Underwriting

The Life Underwriting and Risk Classification Work Group’s comments to the NAIC’s Accelerated Underwriting (A) Working Group on its paper summarizing the output of the working group’s… Download
Date Published: 12/03/2021

Life Practice Council Task Force Submits Comments to the ASB on ASOP 24

A Life Practice Council task force submitted comments to the Actuarial Standards Board (ASB) on the exposure draft of ASOP No. 24, Compliance with the NAIC Life Insurance Illustrations Model… Download
Date Published: 11/09/2021

Life Illustrations Work Group Published Updated Practice Note

The Life Illustrations Work Group updated the Life Insurance Illustrations Practice Note to better reflect current practices actuaries are using when complying with ASOP No. 24, Compliance with the… Download
Date Published: 09/08/2021
Practice Note

Life Illustrations Work Group Updates Life Insurance Illustrations Practice Note

The Life Illustrations Work Group’s updated practice note is revised to better reflect current practices actuaries are using when complying with ASOP No. 24, Compliance with the NAIC Life Insurance… Download
Date Published: 09/08/2021
Comment / Letter

Academy Submits Letter to NAIC Special Committee on Race and Insurance

Academy President Tom Campbell submitted a letter to the NAIC Special Committee on Race and Insurance on proposed charges regarding P/C and life insurance issues related to Workstream Three… Download
Date Published: 05/14/2021

Life Underwriting and Risk Classification Work Group Submits Letter on Colorado Senate Bill 21-169

The Life Underwriting and Risk Classification Work Group submitted a letter on Colorado Senate Bill 21-169 aimed at unfair discrimination in insurance, addressing potential concerns of the… Download
Topics: Life Insurance
Date Published: 03/29/2021
Comment / Letter

Life Underwriting and Risk Classification Work Group’s Letter on Colorado Senate Bill 21-169

The Life Underwriting and Risk Classification Work Group’s letter on Colorado Senate Bill 21-169 aimed at unfair discrimination in insurance, addressing potential concerns of the legislation’s… Download
Topics: Life Insurance
Date Published: 03/29/2021
Comment / Letter

Life Underwriting and Risk Classification Work Group Letter to NAIC (A) Committee

The Life Practice Council’s Life Underwriting and Risk Classification Work Group letter to the NAIC Life Insurance and Annuities (A) Committee on state regulatory and legislative actions in regards… Download
Date Published: 12/18/2020
Comment / Letter

HPC Comments to ASB on ASOP No. 22 Proposed Revision

The Health Practice Council’s Long-Term Care (LTC) Reform Subcommittee Task Force to Review ASOP No. 22 comments on the proposed revision of Actuarial Standard of Practice (ASOP) No. 22, Statements… Download
Date Published: 12/01/2020
Comment / Letter

Comments to ASB on ASOP No. 2 Proposed Revision

The Life Practice Council’s ASOP No. 2 Practice Note Task Force’s comments to the Actuarial Standards Board on the proposed revision of Actuarial Standard of Practice (ASOP) No. 2, Nonguaranteed… Download
Date Published: 11/13/2020

The Tax Cuts and Jobs Act of 2017 – Effects on Life Insurers

Tax Work Group’s white paper outlining the most significant changes in the taxation of life insurance companies that were made by the Tax Cuts and Jobs Act of 2017 (TCJA).    Download
Topics: Life Insurance
Date Published: 10/08/2020
Comment / Letter

Comments on ASOP 11, Reinsurance Involving Life Insurance, Annuities, or Health Benefit Plans in Financial Reports

The Health Practice Council and its Task Force to Review Actuarial Standard of Practice (ASOP) 11 filed a comment on the Actuarial Standards Board exposure draft, Reinsurance Involving Life… Download
Date Published: 07/02/2020