Insurers To Test VA Reserving Method

An arm of the National Association of Insurance Commissioners is trying to find out how insurers will apply a principles-based approach to computing variable annuity reserves.

The regulators hope to have results of an insurer VA reserve survey back by the end of the year, according to Larry Bruning, chief actuary with the Kansas Department of Insurance.

Insurers To Test VA Reserving Method
Source: National Underwriter (subscription require)