Presented to the National Association of Insurance Commissioners’ Life and Health Actuarial Task Force Report of the American Academy of Actuaries’ Annuity Reserve Work Group Deposit Fund Subgroup of the Annuity Reserve Work Group Kristina L. Kennedy, F.S.A., M.A.A.A., Chair Seattle, WA – August 2010 1 1850 M Street NW Suite 300 Washington, DC 20036 Telephone 202 223 8196 Facsimile 202 872 1948 www.actuary.org TABLE OF CONTENTS 2