American Academy of Actuaries (AAA)

RESOURCES

Publications:    https://www.actuary.org/pubpage

-Academy Journal (1977-1987)
-Academy Yearbooks (1967-2009)
-Actuarial Update (1971 – Current)
-Enrolled Actuaries Report (197X-2018) (Note: As of 4/4/2020, only 2000 – March 2018 available online.  This publication was produced from the mid-1970s to March 2018.  I have asked the Academy why the 1970s, 1980s and 1990s are not available and they have not responded.  They did respond to my initial request for assistance in finding something that is in the publication from the 1980s or 1990s, however I did not receive the information I was looking for.) -Practice Notes
—Life Insurance Illustrations: Application of the NAIC Life Insurance Illustrations Model Regulation and Actuarial Standard of Practice No. 24

 

-Life and Health Valuation Law Manual

Re: Initial Comments on Release Nos. 33-8933 & 34-58022 (File No. S7-14-08): Proposed Rule 151A

NAIC Proceedings – 1987 Vol. I 495
a regular basis on these activities to Academy members through such Academy publications as the Government Relations
Watch, the Issues Digest and Actuarial Update.
  1. Committees / Working Groups
    • Committee of Dividend Principles and Practices, John Harding, Chairman
      • 1981-4, NAIC Proceedings
    • Committee on Life Insurance
      • 1989-2, NAIC Proceedings
    • Equity-Indexed Products Task Force, chaired by Donna R. Claire
      • 1997-1, NAIC Proceedings
    • Universal Life Work Group, Dave Neve, Tom Kalmbach, Co-Chairs
      • 2004-4, NAIC Proceedings

DOCUMENTS / LETTERS

2020-2-21   Life Illustrations Work Group Letter on IUL Illustrations Under AG49 
IWG comment letter to NAIC on Indexed Universal Life insurance policies under Actuarial Guideline XLIX (AG 49). 

LIFE AND HEALTH-ACTUARIAL (EX5) TASK FORCE

1986-2 NAIC Proc. 

ATTACHMENT ONE
TO: NAIC Technical Services (EX5) Subcommittee
FROM: American Academy of Actuaries Liaison Committee
Carl R. Ohman – Committee Chair
DATE: June 11, 1986
The American Academy of Actuaries Committee on Liaison with NAIC was
established early last year to provide on-going, mostly non-technical,
coordination and communication between the Academy’s Executive
Committee and the NAIC Technical Services (EX5) Subcommittee on issues
of actuarial significance to insurance regulators

1988-2, NAIC Proceedings p495

The Life and Health Actuarial Task Force (LATF) asked the American Academy of Actuaries Life Committee to develop amendments to the valuation and nonforfeiture provisions of the NAIC’s Universal Life Model Regulation.

In a letter to John Montgomery, dated Oct. 22, 1986, Gary Dahlman, chairperson of the Academy’s Committee on Life Insurance, stated that a Universal Life Task Force (ULTF) would be created to work on this problem.

·The work of the ULTF has proceeded in several phases.
–The first phase attempted to document the LATF’s concerns relative
to the current model regulation and to suggest standards and criteria for evaluating proposed revisions.
–A preliminary report covering this initial phase was presented for the December 1986 meeting of the LATF, with the objective being to
achieve a consensus on the major issues before proceeding to the development of solutions. A copy of the report (without
attachments) is included in Appendix A. 
–The second phase has been an analysis by the ULTF of the problems identified with the current model regulation and the development of our initial conclusions and recommendations regarding the concerns described in the December report. The target was a preliminary report that could be discussed at the June meeting of the LATF. This is that report. With input from the LATF, it is hoped that a more complete report from our task force could be ready in September.