AG 49 A revisions

[Allen Trent]

Anyone see any specifics or details on the NAIC changes to illustrations going in effect in just over 2 weeks?

[EXTERNAL LINK] - NAIC Life and Annuities (A) Committee adopts amendments to Actuarial Guideline 49-A

[EXTERNAL LINK] - No Hibernation for Issuers of Index-Linked Variable Annuities and Index Universal Life | JD Supra

 

[scagnt83]

Interesting. So instead of a 49-B, they just revised A for now. Putting a "cap" on the multiplier will help. But I think carriers have already developed way around that by leveraging the participation rate instead.

3 steps behind imo

 

[Allen Trent]

Interesting. So instead of a 49-B, they just revised A for now. Putting a "cap" on the multiplier will help. But I think carriers have already developed way around that by leveraging the participation rate instead.

3 steps behind imo

Squirrels are always working on new ways to get in the bird feeder at the same time they see you putting up the current deterrent