ACLI - TRG - Technical Resource Goup - NAIC
- George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC (Industry Advisory Group - Illustrations)
- Life Disclosure Working Group – (A) – NAIC
- I think you really have to make sure that people understand volatility, whether you solve for a policy blowing up or values being halved.
- I think you have to catch people's attention, and that is all to the good.
-- George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC (Industry Advisory Group - Illustrations)
1994 - SOA - Problems and Solutions for Product Illustrations, Society of Actuaries - 28p
- 1993 Proc. 1st Quarter 263-265
- Technical resource advisors [TRG] pointed out that vanishing premium illustrations should include an explanation that premiums only vanish if assumptions reflected in the illustration continue unchanged into the future.
- The advisors did not favor disclosure of the assumptions underlying policy performance because they were so complex.
- They were concerned about being able to explain, in an understandable way, the multitude of assumptions with a bearing on policy performance.
- NAIC Model Laws, Regulations, Guidelines and Other Resources—January 2011
- LIFE INSURANCE ILLUSTRATIONS MODEL REGULATION - PC-582-1
- Proceeding Citations - All references are to the Proceedings of the NAIC --- [BonkNote]
- 1993-1, NAIC Proceedings
- TRG - Report of the Technical Resources Group - 263
- 1993-2, NAIC Proceedings
- 1994-1, NAIC Proceedings
- lllustrations Recommended by Technical Resource Advisors (Attachment Four-A) - 367
- 1994-2, NAIC Proceedings
- TRG - Illustration of Guaranteed Benefits ABC Life Insurance Company - 549 - Technical Resource Group
- TRG - Illustration of Past Performance ABC Life Insurance Company - Technical Resource Group
- 1994-3, NAIC Proceedings
- Actuarial Analysis of Illustration Proposals TRC 9.1.1994 - p532-547 - 16p
- Technical Resource Committee's Draft Suggestions Concerning the Life Insurance Illustrations Model Regulation - 524