Skip to main content
Life Actuarial (A) Task Force

2022 Membership

2022 Adopted Charges

The mission of the Life Actuarial (A) Task Force is to identify, investigate, and develop solutions to actuarial problems in the life insurance industry.

Ongoing Support of NAIC Programs, Products or Services

  1. The Life Actuarial (A) Task Force will:
    A. Work to keep reserve, reporting, and other actuarial-related requirements current. This               includes principle-based reserving (PBR) and other requirements in the Valuation Manual,           actuarial guidelines, and recommendations for appropriate actuarial reporting in blanks.              Respond to charges from the Life Insurance and Annuities (A) Committee and referrals from       other groups or committees, as appropriate.
    B. Report progress on all work to the Life Insurance and Annuities (A) Committee and provide         updates to the Financial Condition (E) Committee on matters related to life insurance                   company solvency. This work includes the following:

    1. Work with the American Academy of Actuaries (Academy) and the Society of Actuaries (SOA) to develop new mortality tables for valuation and minimum nonforfeiture requirements, as appropriate, for life insurance and annuities.
    2. Provide recommendations for guidance and requirements for accelerated underwriting (AU), as needed.
    3. Evaluate and provide recommendations regarding the VM-21/AG 43 Standard Projection Amount, which may include continuing as a required floor or providing as disclosure. This evaluation is to be completed prior to year-end 2023.
    4. Work with the SOA on the annual development of the Generally Recognized Expense Table (GRET) factors.
    5. Provide recommendations and changes, as appropriate, to other reserve and nonforfeiture requirements to address issues, and provide actuarial assistance and commentary to other NAIC committees relative to their work on actuarial matters.
    6. Work with the selected vendor to develop and implement the new economic scenario generator (ESG) for use in regulatory reserve and capital calculations.
    7. Monitor international developments regarding life and health insurance reserving, capital, and related topics. Compare and benchmark with PBR requirements.
  2. The Experience Reporting (A) Subgroup will:
    A. Continue the development of the experience reporting requirements within the Valuation             anual. Provide input, as appropriate, for the process regarding the experience reporting               agent, data collection, and subsequent analysis and use of experience submitted.
  3. The Indexed Universal Life (IUL) Illustration (A) Subgroup will:
    A. Monitor the results and practices of IUL illustrations following implementation of Actuarial             Guideline XLIX-A—The Application of the Life Illustrations Model Regulation to Policies with       Index-Based Interest to Policies Sold On or After December 14, 2020 (AG 49-A). Provide           recommendations for the consideration of changes to the Life Insurance Illustrations Model         Regulation (#582) to the Life Actuarial (A) Task Force, as needed.
  4. The Index-Linked Variable Annuity (A) Subgroup will:
    A. Provide recommendations and changes, as appropriate, to nonforfeiture, or interim, value          requirements related to index-linked variable annuities.
  5. The Longevity Risk (E/A) Subgroup of the Life Actuarial (A) Task Force and the Life Risk-Based Capital (E) Working Group will:
    A. Provide recommendations for recognizing longevity risk in statutory reserves and/or risk-            based capital (RBC), as appropriate. Complete by the 2022 Summer National Meeting.
  6. The Variable Annuities Capital and Reserve (E/A) Subgroup of the Life Risk-Based Capital (E) Working Group and the Life Actuarial (A) Task Force will:
    A. Monitor the impact of the changes to the variable annuities (VA) reserve framework and RBC       calculation and determine if additional revisions need to be made.
    B. Develop and recommend appropriate changes, including those to improve accuracy and            clarity of VA capital and reserve requirements.
  7. The Valuation Manual (VM)-22 (A) Subgroup will:
    A. Recommend requirements, as appropriate, for non-variable (fixed) annuities in the                      accumulation and payout phases for consideration by the Life Actuarial (A) Task Force.               Continue working with the Academy on a PBR methodology for non-variable annuities.
Life Actuarial (A) Task Force - 05262022

Public Webex Meeting
Thursday, May 26, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 06022022

Public Webex Meeting
Thursday, June 02, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 06092022

Public Webex Meeting
Thursday, June 09, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 06162022

Public Webex Meeting
Thursday, June 16, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 06232022

Public Webex Meeting
Thursday, June 16, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 06302022

Public Webex Meeting
Thursday, June 30, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 07072022

Public Webex Meeting
Thursday, July 07, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 07142022

Public Webex Meeting
Thursday, July 14, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 07212022

Public Webex Meeting
Thursday, July 21, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 07282022

Public Webex Meeting
Thursday, July 28, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 08042022

Public Webex Meeting
Thursday, August 04, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 08112022

Public Webex Meeting
Thursday, August 11, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 08182022

Public Webex Meeting
Thursday, August 18, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 09222022

Public Webex Meeting
Thursday, September 22, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 09152022

Public Webex Meeting
Thursday, September 15, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 09082022

Public Webex Meeting
Thursday, September 08, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 09012022

Public Webex Meeting
Thursday, September 01, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 08252022

Public Webex Meeting
Thursday, August 25, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 05052022

Public Webex Meeting
Thursday, May 05, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 90 min
Webex Link

To be determined.


Life Actuarial (A) Task Force - 04282022

Public Webex Meeting
Thursday, April 28, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

CALL CANCELED


Life Actuarial (A) Task Force - 04212022

Public Webex Meeting
Thursday, April 21, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 04142022

Public Webex Meeting
Thursday, April 14, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 90 min
Webex Link

To be determined.


Life Actuarial (A) Task Force - 04072022

Public Webex Meeting
Thursday, April 07, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

CALL CANCELED


Life Actuarial (A) Task Force - 03312022

Public Webex Meeting
Thursday, March 31, 2022
10:00 AM ET, 9:00 AM CT, 8:00 AM MT, 7:00 AM PT
Expected Length of Call: 6 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 03242022

Public Webex Meeting
Thursday, March 24, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

CALL CANCELED


Life Actuarial (A) Task Force - 03172022

Public Webex Meeting
Thursday, March 17, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 90 min
Webex Link

To be determined.


Life Actuarial (A) Task Force - 03102022

Public Webex Meeting
Thursday, March 10, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 03032022

Public Webex Meeting
Thursday, March 03, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 02242022

Public Webex Meeting
Thursday, February 24, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 02172022

Public Webex Meeting
Thursday, February 17, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 02102022

Public Webex Meeting
Thursday, February 10, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 02032022

Public Webex Meeting
Thursday, February 03, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 01272022

Public Webex Meeting
Thursday, January 27, 2022
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Life Actuarial (A) Task Force - 12082021

Public Webex Meeting
Wednesday, December 08, 2021
10:00 AM ET, 9:00 AM CT, 8:00 AM MT, 7:00 AM PT
Expected Length of Call: 6 hr
Webex Link

To be determined.


Related NAIC Publications

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Reggie Mazyck
Life Actuary 
202-471-3991

Please see the current Committee List for a complete list of committee members.