2026 GRET Recommendation

August 2025

The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation for the 2026 Generally Recognized Expense Table (GRET) for use with individual life insurance sales illustrations. The recommendation is currently being exposed for comments by the NAIC for 30 days until September 9, 2025. Comments are invited during the exposure period and may be addressed to Scott O'Neal, at soneal@naic.org.

Materials

2026 GRET Recommendation

Acknowledgments

SOA Research Institute Committee on Life Insurance Company Expenses

At Purdue University
Mengyi Xu, PhD, FSA, FIAA, Purdue, Assistant Professor
Muhammad Arfan bin Abdul halim, Purdue, Student

At the Society of Actuaries
Korrel Crawford, Senior Research Administrator
Patrick Nolan, FSA., MAAA, Director of Experience Studies
Pete Miller, ASA, MAAA, Experience Studies Actuary