№ lp_2_1_09690
File format: docx
Character count: 17197
File size: 51 KB
Regulatory actuarial guideline establishing minimum valuation standards and reserve calculation requirements for group term life waiver of premium disabled life benefits, including recognition of specified mortality and recovery tables and provisions for use of company experience.
Adoption Date:
September 28, 2022
Adopting Body:
Health Actuarial (B) Task Force
Document Type:
Actuarial Guideline
Subject:
Minimum valuation standards for group term life waiver of premium disabled life reserves
Applicable Law:
Standard Valuation Law, Section 4.G.
Effective Period:
Disabilities incurred on or after January 1, 2009
Key Tables Recognized:
2005 GTLW Mortality and Recovery Tables; 2023 GTLW Mortality and Recovery Valuation Tables
Scope:
Group term life certificates with extended death benefit provisions
Primary Audience:
Insurance companies and appointed actuaries
Regulatory Authority:
Commissioner
Valuation Basis:
Present value of death benefits discounted for interest and recovery
Interest Rate Standard:
Maximum rate permitted by law for comparable life insurance guaranteed duration
Price: 8 / 10 USD
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The product description is provided for reference. Actual content and formatting may differ slightly.
Organisation:
EirGrid; SONI
Document type:
Test procedure
Template version:
3.0
Publication date:
12 November 2019
Applicable services:
Fast Frequency Response; Primary, Secondary and Tertiary Operating Reserve
System operator role:
Transmission System Operator
Intended submitter:
Aggregator
Approval authority:
EirGrid; SONI
Submission requirements:
Completed and signed test procedure; test data files; test report
Safety requirements:
Site safety requirements specified
Scope:
Aggregated Generating Units and Individual Sites
Regulatory context:
System services contracting and compliance testing
Year:
2023
Region / city:
New South Wales (NSW)
Topic:
Local government, Land management, Environmental protection
Document type:
Management plan
Organization / institution:
Local Government Councils
Author:
Not specified
Target audience:
Local government officials, land management professionals, community groups
Period of validity:
Ongoing
Approval date:
Not specified
Date of changes:
Not specified
Year:
2016
Region / City:
New South Wales
Topic:
Land Management
Document Type:
Template
Institution:
NSW Local Government
Author:
Office of Local Government
Target Audience:
NSW councils
Period of Action:
Ongoing
Approval Date:
Not specified
Date of Modifications:
Not specified
Year:
2026
Region/City:
New South Wales
Topic:
Land Management, Local Government
Document Type:
Template
Authority/Organization:
Local Government
Target Audience:
Councils, Local Government Employees
Period of validity:
Ongoing
Approval Date:
Not specified
Amendment Date:
Not specified
Year:
2017
Document type:
Regulatory guidance
Topic:
Insurance reserves
Organization:
National Association of Insurance Commissioners (NAIC)
Target audience:
Actuaries and insurance companies
Effective date:
January 1, 2017
Related models:
Model #820, AG 43
Year:
2019
Region / City:
Not specified
Topic:
Load-frequency control, reserves, regulatory approvals
Document type:
Policy
Organization / Institution:
Not specified
Author:
Not specified
Target audience:
Regulatory authorities, Transmission System Operators (TSOs)
Period of validity:
Not specified
Approval date:
14/04/2019
Date of amendments:
03/12/2019, 16/07/2020, 29/09/2020, 01/12/2020, 15/06/2021, 28/09/2021, 30/11/2021, 15/02/2022, 11/03/2022, 07/06/2022, 20/07/2022
Version:
Multiple versions listed
Year:
2018
Region / City:
Western Australia
Subject:
Utility services, road reserves
Document Type:
Operational Procedure
Organization / Institution:
Main Roads Western Australia
Author:
Main Roads Western Australia
Target Audience:
Utility Service Providers, contractors, road authorities
Period of Action:
Ongoing
Approval Date:
December 2018
Amendments:
Revision 5.0 - December 2018 (New format based on text in D17#317409, update to agency names, owner/custodian, grammar corrections)
Year:
2019
Region / city:
New South Wales
Topic:
Environmental assessment, minor works
Document type:
Template for Environmental Planning and Assessment
Organization / institution:
EMAP Consulting, Local Government NSW (LGNSW)
Author:
Dr. Emma McIntyre
Target audience:
Local councils, land managers, environmental consultants
Effective period:
N/A
Approval date:
September 2019
Modification date:
N/A
Year:
2025
Region / City:
New York
Topic:
Valuation Reserves
Document Type:
Supplementary Report
Organization:
NYSDFS (New York State Department of Financial Services)
Author:
Not specified
Target Audience:
Domestic Insurance Companies
Effective Period:
Year 2025
Approval Date:
Not specified
Amendment Date:
Not specified
Year:
2019
Region / City:
St. Albans, UK
Theme:
Job Application
Document Type:
Application Form
Organization:
Herts & Middlesex Wildlife Trust
Author:
Herts & Middlesex Wildlife Trust
Target Audience:
Job applicants
Effective Period:
Not specified
Approval Date:
Not specified
Amendment Date:
Not specified
Year:
2023
Region / City:
United Kingdom
Subject:
Recruitment
Document Type:
Application Form
Organization / Institution:
Herts & Middlesex Wildlife Trust
Author:
Herts & Middlesex Wildlife Trust
Target Audience:
Job Applicants
Period of Validity:
Until 5th April 2023
Date of Approval:
N/A
Date of Changes:
N/A
Year:
2021
Organization:
Wigan Borough Healthwatch CIC
Author:
Karen Parker
Approved by:
HWWL Board
Effective date:
29th March 2021
Review date:
16th March 2023
Document version:
1.0
Type of document:
Financial policy
Purpose:
Establish minimum reserves to cover obligations including pay, redundancy, and contractual liabilities
Region:
Wigan Borough, UK
Year:
2023
Region / City:
Kent
Topic:
Local wildlife sites, roadside nature reserves
Document Type:
Request form
Organization / Institution:
Kent Wildlife Trust
Author:
Kent Wildlife Trust
Target Audience:
General public, organizations needing site information
Action Period:
Ongoing
Approval Date:
Not specified
Modification Date:
Not specified
Year:
2024
Region / City:
Gwent
Subject:
Financial strategy
Document Type:
Policy
Agency / Institution:
Office of Police and Crime Commissioner for Gwent
Author:
Police and Crime Commissioner for Gwent
Target Audience:
Members of the Joint Audit Committee (JAC), Police and Crime Panel (PCP)
Effective Period:
2024/25
Approval Date:
26th November 2024
Date of Changes:
N/A
Year:
2017
Region / City:
United States
Topic:
Actuarial guidelines, reinsurance, life insurance reserves
Document type:
Guideline
Institution:
NAIC
Author:
NAIC PBRI Task Force
Target Audience:
Actuaries, insurance companies
Period of validity:
From 1/1/2017
Approval Date:
01/01/2017
Date of changes:
01/01/2017
Year:
2021
Region / City:
NAIC
Topic:
Actuarial standards, assumptions
Document Type:
Amendment Proposal
Organization / Institution:
Texas Department of Insurance
Author:
PBR Staff of Texas Department of Insurance
Target Audience:
Actuaries, insurance regulators, and related stakeholders
Period of validity:
Not specified
Approval date:
Not specified
Date of changes:
Not specified
Year:
2021
Region / City:
United States
Theme:
Actuarial standards, reinsurance data reporting
Document Type:
Proposal Form
Organization:
NAIC (National Association of Insurance Commissioners)
Author:
Angela McNabb & Pat Allison
Target Audience:
Actuaries, insurance companies, reinsurance companies
Effective Period:
2021
Approval Date:
January 1, 2021
Date of Changes:
January 1, 2021
Context:
Proposal for amendments to the Valuation Manual (VM-50 and VM-51) related to the submission of data by reinsurers or third-party administrators for valuation purposes.
Year:
2025
Region / City:
USA
Subject:
Actuarial Standards and Projections
Document Type:
Proposal Form
Organization / Institution:
NAIC
Author:
NAIC Life Actuarial (A) Task Force
Target Audience:
Actuaries, regulators, insurance companies
Period of validity:
From June 18, 2025
Approval Date:
Not specified
Date of amendments:
Not specified
Context:
Actuarial amendment proposal addressing changes to the VM-22 Standard Projection Amount and its application in actuarial assumptions, focusing on attribution analysis and enhanced disclosures for insurance companies.
Year:
2025
Region / City:
Illinois
Topic:
Variable annuities reserve requirements
Document Type:
Amendment Proposal
Organization / Institution:
Illinois Department of Insurance
Author:
Matt Cheung
Target Audience:
Actuaries, insurance professionals
Period of Action:
Not specified
Approval Date:
Not specified
Date of Changes:
Not specified