Compiling...

IUL Illustration (A) Subgroup

2020 Proposed Charges:

The IUL Illustration (A) Subgroup will:

  1. Consider enhancements to Actuarial Guideline XLIX—The Application of the Life Illustrations Model Regulation to Policies with Index-Based Interest (AG 49). Provide recommendations for modifications to AG 49 to the Life Actuarial (A) Task Force.

2019 Charge:

The IUL Illustration (A) Subgroup will:

  1. Consider enhancements to Actuarial Guideline XLIX—The Application of the Life Illustrations Model Regulation to Policies with Indexed-Based Interest (AG 49). Provide recommendations for modifications to AG 49 to the Life Actuarial (A) Task Force.
IUL Illustration (A) Subgroup 191114

Conference Call
Thursday, November 14, 2019
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT
Expected Length of Call: 90 minutes

Discussion of comments on the Nov. 1 exposure.


IUL Illustration (A) Subgroup 191101

Conference Call
Friday, November 01, 2019
11:00 AM ET, 10:00 AM CT, 9:00 AM MT, 8:00 AM PT
Expected Length of Call: 1 hr

To consider edits to AG 49 to address the illustrated rate applicable to Illustrations of index multipliers.


IUL Illustration (A) Subgroup

Conference Call
Monday, September 16, 2019
1:00 PM ET, 12:00 PM CT, 11:00 AM MT, 10:00 AM PT
Expected Length of Call: 1 hr

Discuss comments received on the two questions exposed at the Summer NAIC Meeting:

  • Should a product with a multiplier feature illustrate a higher scale than a product without multiplier features?
  • To what extent should the 145% disciplined current scale factor apply to charges supporting bonuses and multipliers?

Education & Training Events

There are no education and training events at this time.

Related NAIC Publications

Contacts

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


Reggie Mazyck
Life Actuary 
Phone: 202-471-3991

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

 

© 1991 - 2019 National Association of Insurance Commissioners. All rights reserved.
SM Insure U and Stop. Call. Confirm are registered service marks of the National Association of Insurance Commissioners.