Solvency Workstream of the Climate and Resiliency (EX) Task Force

The purpose of this meeting is to 1) consider comments on exposed document and 2) consider comments exposed blanks proposal (Exposed at CAT Risk (E) Working Group).

Continue Discussion of Dec. 1, 2023, Comments on Model #171 Draft Beginning with Section 7D--Prohibited Policy Provisions

Agenda – Mar 25, 2024

1. VM-22 Supplement 
   1. Review product group names for individual and group payout annuities
   2. Part 1B with columns for ASPA calculation 
2. VM-31 
   1. Split vs. combined VM-21 & VM-22 sections
      1. Pros & Cons  
   2. Non-Guaranteed Element disclosures
      1. Overlap with other sections
      2. Length of historical changes to document

Open call to continue discussions on cybersecurity and cyber insurance and to discuss these topics with the White House Office of the National Cyber Director (ONCD).

Agenda – Mar 27, 2024:

1. Review Current Calibration of GOES
   1. GOES EA SG Scenario Review 032724
   2. ACLI Feedback on 2FTv1 Scenarios
   3. FT2-2023_PreliminaryObservations_2024-03-26
2. Discuss GOES Field Test #2
   1. NAIC GOES 2024 Field Test Instructions – DRAFT
3. Other

LIFE WORKSTREAM

       LINK TO RECORDING 

March 28 Agenda

1. Discuss Adherence to Comment Period for Task Force Exposures
2. Consider Exposure of APF 2024-04 – CIA term-to-100 Lapse Study Update
3. Consider Editorial Changes and Corrections to the 2024 Valuation Manual
   1. Clean-up APF
4. Other Matters