Description: This article reports the maximum statutory valuation and nonforfeiture interest rates for calendar year 2004 issues of life insurance products and the maximum statutory valuation interest rates for calendar year 2003 issues of annuity products.

Description: The purpose of this article is to discuss potential issues and considerations that may be encountered with the implementation of VM 20. Crucial considerations include the modeling software used, validation effort, assumptions used, complexity of the process, documentation, and run time. A key takeaway is that an integrated modeling platform with solid automation and asset-liability capabilities is imperative for addressing the issues and considerations encountered.

Description: Article discusses provisions of Guideline AXXX

Description: Background information on the calculation of the statutory valuation and nonforfeiture maximum interest rates and a brief discussion on the effect that changing interest rates will have on some typical life insurance products.

Description: discussion of March 2009 NAIC/LHATF meeting

Description: Key excerpts from research recently performed by Milliman consultants for the SOA on the impact of VM-20 on life insurance product development.

Description: How do combo products fit in the new statutory valuation framework?

Description: This article reports the maximum statutory valuation and nonforfeiture interest rates for 1999 issues of selected life insurance products and the maximum statutory valuation interest rates for 1998 issues of selected annuity products.

Description: Provides the reader with the most up-to-date status of the adoption of Regulation XXX. Each state insurance department was contacted between November 5–19, 1997 with subsequent follow-up discussions through March 1998. The information in this article reflects both where a state currently stands on the measure and its anticipated activity on the regulation in 1998.

Description: The most popular term product, guaranteed level premium term typically, with level premiums for 10, 20 or 30-years has basic reserves under 1980 CSO that are significantly larger than needed. The 2001 CSO may provide substantial relief from these excess reserves. This article discusses how much impact on profits this relief may provide.