Gary Falde Chair of LRWG Asset Subgroup Co-chair, Life Reserves Work Group March 9, 2007 March 2007 1 Copyright © 2007 by the American Academy of Actuaries LRWG Presentation to LHATF 1. Describe changes since the December drafts 2. Summarize outstanding technical issues 3. Present LRWG priorities for 2007 6. Discuss alternative simplified approaches to the LRWG proposal March 2007 2 Copyright © 2007 by the American Academy of Actuaries LRWG Presentation to LHATF