Valuation Manual (VM)-22 (A) Subgroup
- Life Insurance and Annuities (A) Committee
- Annuity Suitability (A) Working Group
- Life Actuarial (A) Task Force
- Experience Reporting (A) Subgroup
- Generator of Economic Scenarios (GOES) (E/A) Subgroup
- Life and Annuity Illustration (A) Subgroup
- Longevity Risk (E/A) Subgroup
- Valuation Manual (VM)-22 (A) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
Valuation Manual (VM)-22 (A) Subgroup
- Life Insurance and Annuities (A) Committee
- Annuity Suitability (A) Working Group
- Life Actuarial (A) Task Force
- Experience Reporting (A) Subgroup
- Generator of Economic Scenarios (GOES) (E/A) Subgroup
- Life and Annuity Illustration (A) Subgroup
- Longevity Risk (E/A) Subgroup
- Valuation Manual (VM)-22 (A) Subgroup
- Variable Annuities Capital and Reserve (E/A) Subgroup
2026 Proposed Charges
- The Valuation Manual (VM)-22 (A) Subgroup will:
- Address topics designated as post-launch activities following the implementation of the VM-22 principle-based reserving (PBR) framework.
- Monitor the non-variable (fixed) annuities reserve framework and determine if revisions need to be made.
- Develop and recommend appropriate changes, including those that improve the accuracy and clarity of the VM-22 reserve requirements and reporting.
2025 Charge
- The Valuation Manual (VM)-22 (A) Subgroup will:
- Recommend requirements for non-variable (fixed) annuities in the accumulation and payout phases for consideration by the Task Force, as appropriate. Continue working with the Academy on a PBR methodology for non-variable annuities.