Domestic Life Insurers and Domestic Fraternal Organizations
For 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.
- Industry-Wide Letters and Inquiries is applicable to all licensed life insurers, accredited reinsurers and fraternal benefit societies.
- Remaining categories are applicable only to Domestic Life Insurance Companies and Domestic Fraternal Benefit Organizations.
Domestic Life Insurance Companies and Domestic Fraternal Benefit Organizations are annually required to provide, according to §4217 and §4516, year-end valuation submissions to the Life Bureau Reserve Section. Those forms and instructions can be found below under the categories Year-End Instructions, Questionnaires and Checklists, Electronic Data Processing Forms and Instructions, and Analysis of Valuation Reserves.
Submissions should be sent via email to [email protected]
or by mail to:
Ms. Amanda Fenwick
Assistant Chief Life Actuary
Life Bureau
New York State Department of Financial Services
One Commerce Plaza
Albany, New York 12257
Industry-Wide Letters and Inquiries
Actuarial Opinions and Memoranda
Documents | Release Date | Additional Formats |
---|---|---|
Special Considerations - Reserves |
10/05/2022 |
|
AOM & Risk Based Capital Checklist - 12/31/2022 |
12/08/2022 |
|
Actuarial Opinion Requirements - Reserves - 12/31/2022 |
12/08/2022 |
Word |
Liquidity
Documents | Release Date | Link(s) |
---|---|---|
Liquidity and Severe Mortality Inquiry - 12/31/2022 |
02/07/2023 |
|
Tables and Top Ten |
||
|
Year-End Instructions, Questionnaires and Checklists
Document (PDF Version) | Release Date | Additional Formats |
---|---|---|
Department Cover letter dated 12/08/2022 to the Annual Mailing for 12/31/2022 Reserves |
12/08/2022 | |
Notice regarding Accumulation-type Annuity Formatting for 12/31/2003 Reserves |
11/06/2003 |
|
Instructions for Filing Valuations: 2022 Year-End Statutory Valuation |
12/08/2022 |
General Account Questionnaires & Checklists
Documents (PDF Format) | Additional Formats |
---|---|
Structured Settlements and Fixed Payment Annuity Questionnaire |
|
Separate Account Questionnaires & Checklists
Documents (PDF Format) | Additional Formats |
---|---|
EDP Formats & Instructions
Categories | Instructions | Excel Links | |
---|---|---|---|
Annuities – Accumulation-Type | Word | n/a | |
Annuities – Structured Settlement and Immediate Annuity | Word | Aggregate Test Worksheet | |
Interest Sensitive Life | Word | n/a | |
Traditional Life | Word | n/a | |
EDP Reconciliation | n/a | n/a | Sample EDP Reconciliation |
Analysis of Valuation Reserves
Categories | General Account AoVR | Separate Account AoVR | ||
---|---|---|---|---|
Domestic Life Insurance Company | Word | Word | ||
Fraternal Benefit Society | Word | n/a | n/a |
Questions?
For additional information or questions, email [email protected] or call (518) 474-7929.
Topic | Contact |
---|---|
Filing Requirements | Matthew Ryan |
AOMs | Dwight Hazzard |
Appointed Actuaries | Dwight Hazzard |
Formula Reserves | Jacob Rulison |
Liquidity | Xiaokai Dong |