Donna Claire, F.S.A., M.A.A.A.DonnaClaire,F.S.A.,M.A.A.A. Chair, Life Risk Management andChair,LifeRiskManagementand Financial Soundness CommitteeFinancialSoundnessCommittee (AKA PBA Steering Committee)(AKAPBASteeringCommittee) Presentation to LHATF June 1, 2007PresentationtoLHATFJune1,2007 Copyright ©2007 by the American Academy of Actuaries PBA/SVL2 Presentation for LHATF June 2007 1 Copyright ©2007 by the American Academy of Actuaries PBA/SVL2 Presentation for LHATF June 2007 2