Life
Related Resources
Comment / Letter
Comments to SAPWG on Reinsurance Collateral for Ceded Business Valued under Principles-Based Reserving
The Risk Management and Financial Reporting Council’s Reinsurance Working Group sent comments to the NAIC’s Statutory Accounting Principles (E) Working Group (SAPWG) on proposed changes to SSAP…
Policy Paper
Long Term Care Combo Products—Modeling, Assumptions, and Risks
This paper authored by the Life Experience & Assumptions Committee provides a practical actuarial overview of combination insurance products that pair life insurance or annuities with long-term…
Comment / Letter
Committee Comments to LATF on AG 55 Guidance
The American Academy of Actuaries’ Life Valuation Committee generally supports the NAIC’s proposed year-end 2026 AG 55 disclosure requirements for offshore reinsurance but recommends also…
Presentation
CLOs–Update on Asset Risk Structure
In this presentation at the NAIC Insurance Summit, C1 Subcommittee Chairperson Steve Smith provides an update on collateralized loan obligations (CLO) modeling work completed over the past several…
Practice Note
Annuity Principle-Based Reserves Under VM 22 Practice Note
This practice note provides practical guidance for actuaries on implementing principle-based reserve valuation for non-variable annuity products under the VM-22 framework, as adopted by the NAIC. It…
Comment / Letter
Request for Comments on the Draft Buyers Guide on Deferred Annuities
The American Academy of Actuaries Annuity Products Subcommittee submitted comments on the NAIC Draft Buyer’s Guide for Deferred Annuities, recommending clarifications, consolidation of redundant…
Comment / Letter
LPC Comments to LATF Request to Review VM Spreads & Defaults
The Life Practice Council commented to the NAIC Life Actuarial (A) Task Force’s (LATF) request regarding VM prescribed spreads and default costs.
Practice Note
US GAAP Fair Value Measurement & Fair Value Option Practice Note
The U.S. GAAP Fair Value Measurement & Fair Value Option practice note, developed by the Life Generally Accepted Accounting Principles (GAAP) Committee, explains ASC Topic 820 and related…
Resource
7702, Valuation Rate, and Applicable Federal Interest Calculator
The IRC Section 7702 Rate Calculator The Valuation Rate (Val Rate) and Applicable Federal Interest Rate (AFIR) Calculator (Updated Sept. 1, 2026) These spreadsheets are associated with…Date Published: 09/01/2026
Comment / Letter