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    • No Hibernation for Issuers of Index-Linked Variable Annuities and Index Universal Life

    March 7, 2023 by Carlton Fields, Ann Young Black, Jordan Luczaj

    After a blustery fall, the NAIC’s Life Actuarial (A) Task Force (LATF) adopted the following at its December 2022 meeting:

    • Actuarial Guideline LIV – Nonforfeiture Requirements for Index-Linked Variable Annuity Products (ILVA AG 54), and
    • Revisions to Actuarial Guideline XLIX-A – The Application of Life Illustrations Model Regulation to Policies with Index-Based Interest Sold on or After December 14, 2020 (AG 49-A).

    Click HERE to read the full story via JD Supra

    Originally Posted at JD Supra on March 1, 2023 by Carlton Fields, Ann Young Black, Jordan Luczaj.

    Categories: Industry Articles
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