Life
Related Resources
Comment / Letter
Comments on VM-22 Aggregation
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on APF 2025-20 regarding VM-22 Aggregation.
Comment / Letter
Comments on VM-22 Settlement Options
The Annuity Reserves and Capital Subcommittee submitted comments to the NAIC’s Life Actuarial (A) Task Force on an exposure regarding APF2025-19 VM-22 Settlement Options.
Comment / Letter
Comments on Proposed IUL Drafting Group
The Life Products Committee submitted a comment on the exposed question on nonforfeiture clarifications. In particular, the Committee offered support of the formation of a drafting group to consider…
Comment / Letter
Comments on VM-22 In-Force Questions
The Annuity Reserves and Capital Subcommittee submitted a comment letter in response to the Life Actuarial (A) Task Force’s VM-22 In Force Questions exposed during the 2025 Fall National Meeting
Presentation
C1 Subcommittee Presents on CLOs
The C-1 Subcommittee provided an update to NAIC’s Risk-Based Capital Investment Risk and Evaluation (E) Working Group on the collateralized loan obligation (CLO) Comparable Attributes
Comment / Letter
Comments on Illiquidity Spreads in PBR Calculations
The Annuity Reserve and Capital Subcommittee submitted comments on principles for applying an Illiquidity Spread in PBR calculations to the NAIC’s Life Actuarial (A) Task Force.7702, Valuation Rate, and Applicable Federal Interest Rate Calculator
The Academy’s Tax Committee has developed general reference spreadsheets to assist actuaries who wish to explore the calculation of the Internal Revenue Code (IRC) Section 7702: Minimum Interest…
Comment / Letter
Comments to Cayman Islands Monetary Authority
The Academy’s Risk Management and Financial Reporting Council and Life Practice Council submitted a joint comment letter to the Cayman Islands Monetary Authority in response to a recent…
Policy Paper
Fixed Indexed Annuities—Product Mechanics and Risk Management
A new paper from the Academy’s Life Experience Committee offers actuaries an overview of fixed indexed deferred annuities, covering product features, underlying investments, modeling assumptions,…
Comment / Letter
Longevity Reinsurance C2 Proposal Comments
The Academy’s Longevity Risk Task Force (Task Force) provided responses to questions posed by the NAIC Longevity Risk (E/A) Subgroup regarding a framework for the RBC C-2 charge for longevity…
Topics: Life