c3_2_survey_march06.pdf

C3 Phase II Survey from the American Academy of Actuaries’ Life Capital Adequacy Subcommittee Presented to the National Association of Insurance Commissioners’ Capital Adequacy Task Force Orlando, FL – March 2006 The American Academy of Actuaries is a national organization formed in 1965 to bring together, in a single entity, actuaries of all specializations within the United States. A major purpose of the Academy is to act as a public information organization for the profession. Academy committees, task forces and work groups regularly prepare testimony and provide information to Congress and senior federal policy-makers, comment on proposed federal and state regulations, and work closely with the National Association of Insurance Commissioners and state officials on issues related to insurance, pensions and other forms of risk financing. The Academy establishes qualification standards for the actuarial profession in the United States and supports two independent boards. The Actuarial Standards Board promulgates standards of practice for the profession, and the Actuarial Board for Counseling and Discipline helps to ensure high standards of professional conduct are met. The Academy also supports the Joint Committee for the Code of Professional Conduct, which develops standards of conduct for the U.S. actuarial profession. Life Capital Adequacy Subcommittee Nancy Bennett, F.S.A., M.A.A.A., Chair Larry Gorski, F.S.A., M.A.A.A., Vice-Chair Peter Boyko, F.S.A., F.C.I.A., M.A.A.A. Hubert Mueller, F.S.A., M.A.A.A. Martin Claire, F.S.A., M.A.A.A. Keith Osinski, F.S.A., M.A.A.A. Todd Erkis, F.S.A., M.A.A.A. Max Rudolph, F.S.A., M.A.A.A. Luke Girard, F.S.A., M.A.A.A. Keith Vande Vrede, F.S.A., M.A.A.A. Ann Kallus, F.S.A., M.A.A.A. George Wahle, F.S.A., M.A.A.A. Robert Meilander, F.S.A., M.A.A.A. William Wilton, F.S.A., M.A.A.A. Craig Morrow, F.S.A., M.A.A.A. Mike Zurcher, F.S.A., M.A.A.A. C-3 Phase II Survey Thank you