MCESWG – Market Conduct Examination Standards Working Group – (D) – NAIC 2017 0912 – NAIC – MCESWG – Market Conduct Examination Standards Working Group – (D) – 200p 2017 0912 – NAIC – MCESWG – Market Conduct Examination Standards Working Group – (D) – 200p (p7) – Historically, replacement ratios were quite low. This was due…

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Market Regulation Certification Working Group – (D) – NAIC content.naic.org/cmte_d_mra_wg.htm Market Regulation Certification Working Group – (D) – NAIC 2023 0509 (Draft) – NAIC – Voluntary Market Regulation Certification Program Self-Assessment Guidelines, and Checklist Tool – 30p Voluntary Market Regulation Certification Program Documents requirements guidelines checklist scorecard 2023 0509 – NAIC – Market Regulation Certification Working…

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Separate Accounts Working Group – NAIC 7. Adopted a motion to report to the Separate Accounts Working Group that the task force endorses the reserving approach contained in the March 15, 1998, draft of the Separate Accounts Funding Guaranteed Minimum Benefits Under Group Contracts Model Regulation. 1998-2, NAIC Proc. Google Results – 7 results https://www.soa.org/4937f7/globalassets/assets/library/proceedings/valuation-actuary-symposium-proceedings/1985-99/1994/january/vasp942.pdf…

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Innovative Products Working Group – NAIC 4. Adopted the report of the Innovative Products Working Group, which is discussing variable annuities with guaranteed living benefits, equity-indexed products – nonforfeiture and reserving for equity-indexed annuities, including ZZZ Guideline, equity-indexed life products, group flexible premium life products with cash value strategies, and Regulation XXX. 1998-2, NAIC Proc.…

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MAPWG – Market Analysis Procedures Working Group (D) – NAIC 2023 0717 – MAPWG – NAIC – Jo LeDuc (Chair-MO), Rebecca Rebholz (WI) Birny Birnbaum (CEJ) MCAS – Health Samantha Burns – Interested Party – complaints per thousand might be useful … Samantha Explanation Jo LeDuc – That makes no sense. Mary Kay Lunch and…

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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…

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Restructuring Mechanisms Working Group – NAIC content.naic.org/cmte_e_res_mech_wg.htm 2023 0404 – NAIC – RESTRUCTURING MECHANISMS (E) WORKING GROUP – 124p O’Sullivan said that on the life side, the inquiry can be relatively narrow and that likely a due diligence, factual inquiry rather than a traditional legal opinion may not be needed. Superintendent Dwyer suggested that while it…

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NAIC – Name Changes 1980-2, NAIC Proc. The chairman pointed out the confusion which has occurred with the question of life insurance cost disclosure being divided between this task force and the Evaluation of the Life Insurance Disclosure Regulation Task Force. Following discussion, and a motion duly made, the subcommittee took appropriate action to: ……

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