There are three articles within this newsletter:
- The first article provides an update of significant regulatory topics that the NAIC’s Life Actuarial Task Force has been addressing in the life insurance and annuities arenas. It especially focuses on recent developments with respect to Actuarial Guideline 38 (AG 38) and Valuation Manual 20.
- This is followed up by a second article that focuses on the reserving aspects of AG 38 in more detail.
- The third article provides an update on Solvency II developments, with focus on stress test results, equivalence and timeline of implementation.
This newsletter includes relevant articles on key actuarial issues and trends in the life insurance segment.