Life Bureau Reserve Section Industry-Wide Letters & Surveys
for Foreign Life Insurers, Foreign Fraternals & Accredited Reinsurers
Life Insurance Information for Insurers
The following is being made available by the Department for the benefit of all life insurance companies and fraternal benefit societies doing business in New York and all insurers holding a certificate from the Superintendent as being accredited for the reinsurance of life insurance, annuities, or accident and health insurance.
There are categories for Actuarial Opinions and Memoranda (AOMs), Formula Reserves, Liquidity and Industry-Wide Inquiries applicable to all licensed life insurers, accredited reinsurers and fraternal benefit societies.
Most items are in pdf Format; some files are also available in MS Word format. You will need the free Adobe Acrobat Reader to view and download the pdf files. If you do not already have the Acrobat Reader, select this link to obtain it.
Submissions should be sent to either:
Mr.
Michael D. Cebula
Deputy Chief Life Actuary
Life Bureau – Reserve
Section
New York State Department of Financial Services
One Commerce Plaza
Albany,
New York 12257
For additional information or if there are questions, please e-mail us at or contact us at (518) 486-6805.
| Topic | Contact |
|---|---|
| AOMs | Mark J. Greene |
| Appointed Actuaries | Mark J. Greene |
| Formula Reserves | Frederick J. Andersen |
| Liquidity | Frederick J. Andersen |
Industry-Wide Letters & Inquiries
Actuarial Opinions and Memoranda
| Documents | Release Date | Link(s) |
|---|---|---|
| Special Considerations - Reserves | 12/31/2012 | |
| AOM & Risk Based Capital Checklist | 12/31/2012 | |
| Actuarial Opinion Requirements -Reserves | 12/31/2012 |
Formula Reserves
| Documents | Release Date | Link(s) |
|---|---|---|
| Important Notice regarding Filing Guidance for Universal Life Insurance with Secondary Guarantees | 03/08/2013 | HTML |
| Application of Regulation 128 to Variable Annuities with Guaranteed Living Benefits & Pension Products | 01/07/2009 | |
| Application of Regulation 128 to Variable Annuities with Guaranteed Living Benefits | 10/31/2007 | |
| Requirements for Group Life Waiver of Premium Reserves | 06/02/2005 | |
| Requirements for using the 2001 CSO Mortality Table | 12/13/2004 |
Liquidity
| Documents | Release Date | Link(s) |
|---|---|---|
| Liquidity and Severe Mortality Inquiry - 12/31/2012 | 02/21/2013 | Word |
| Tables and Top Ten | Excel | |
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Other Inquiries
- There are no surveys at the present time.
Updated 03/12/2013
