Description: Discusses the newly adopted actuarial guideline for variable annuity reserving which is principles-based. It requires the calculation of both, a standard deterministic scenario reserve and a stochastic reserve - of which the larger of the two is used. This article discusses why for some companies the deterministic reserves dominate and for others the stochastic one does.

Description: The authors provide clarification, specifically related to the American Academy of Actuaries’ Annuity Reserves Working Group, to the article, “Statutory Reserving for Fixed Indexed Annuities with Guaranteed Lifetime Withdrawal Benefits,” published in the September 2012 issue of The Financial Reporter.

Description: A short article looking at the results from an annual assumption survey of VA writers with a focus on changes companies observed and planned to make due to COVID-19. In the article we discuss what companies should be considering as they approach the 2020 year end assumption setting and audit season.

Description: This article highlights features of the SOA's Regulatory Web Resource. The intent is to encourage greater use of the Resource among section members.

Description: Reflections of a Regulatory Actuary by Larry Gorski

Description: Feature article discussing the requirements of AG33.

Description: Public update on the NAIC VA Capital Reform Initiative.

Description: Proposes an approach to develop dynamic assumptions for living benefits using a combination of available experience data and predictive modeling techniques.