Conference Call
Thursday, July 20, 2017
11:00 am ET/10:00 am CT

The Variable Annuities Issues (E) Working Group letter written by the chair to facilitate discussion is exposed for comment. Also included is the referral from the Statutory Accounting Principles (E) Working Group and draft Issue Paper. Please submit comments to Dan Daveline by COB, July 13, 2017.

Related NAIC Publications


Variable Annuities Issues (E) Working Group


2017 Charges:

  1. Oversee the NAIC’s efforts to study and address, as appropriate, regulatory issues resulting in variable annuity captive reinsurance transactions.

  2. Develop a model guideline that represents narrowly defined statutory language the states may use in removing the limitations that may exist within their investment statutes that may otherwise limit the extent of hedges an insurer may use in its risk management.

  3. Consider proposed changes to the statutory framework designed to reduce the level and volatility of the non-economic aspect of current reserve and RBC requirements and refer to the C-3 Phase II/AG 43 (E/A) Subgroup once overall policy decisions are made and finalization of actual proposed changes are ready for consideration.