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Joint Working Group of the Life Insurance and Annuities (A) Committee and Financial Condition (E) Committee
Life Insurance and Annuities (A) Committee
 Financial Condition (E) Committee

2012 Charge:

The joint working group shall work expeditiously to determine whether it is prudent and necessary to develop interim guidelines and/or tools to be utilized by regulators in evaluating reserves for ULSG and Term UL products and, if so, to promptly develop such interim guidelines and/or tools. As part of this effort, the working group shall make recommendations regarding whether these interim guidelines and/or tools should be applied to in force and/or prospective ULSG and Term UL products until such time as the final Valuation Manual is adopted. The working group shall use as guidance the work completed by the Life Actuarial Task Force with respect to this issue. Finally, the working group may engage resources as necessary to assist with analysis and preparation of necessary guidelines and/or regulatory tools.

Conference Call Calendar

A full list of NAIC conference calls & interim meetings is available on the NAIC Conference Call Calendar.

Draft framework comment letters
Go to the exposure draft index.

Draft Framework

The Joint Working Group of the Life Insurance and Annuities (A) Committee and Financial Condition (E) Committee has exposed the Draft Framework for a public comment period ending at the close of business Monday, January 30, 2012. Please note the Joint Working Group has identified Issues to be Addressed and the Sequence of Key Decisions, which are attached to the Draft Framework as appendices.  Any comments or questions should be addressed to the Joint Working Group and submitted to NAIC staff, Dan Schelp at Dschelp@naic.org or (816) 783-8027 or Ryan Couch at rcouch@naic.org or (816) 783-8421.
documents and resources
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Contacts
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Dan Schelp
Managing Legal Counsel
E-mail: dschelp@naic.org
Phone: 816-783-8027
Fax: 816-460-7541

John L. Engelhardt
Chief Managing Actuary
E-mail: JEngelhardt@naic.org
Phone: 816-783-8228
Fax: 816-460-7600

Todd Sells
Director, Fin Reg Services
E-mail: TSells@naic.org
Phone: 816-783-8403
Fax: 816-460-7614

Neil K. Rector
Consultant
Rector + Associates, Inc.
Email: NRector@rector-associates.com
Copy to: edinkel@rector-associates.com
172 E. State Street Suite 305
Columbus, OH 43215

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