NU Online News Service-

Life insurers are sparring with regulators over a draft actuarial guideline that could affect issuers of variable annuities that come with guarantees.

Members of the Life & Health Actuarial Task Force at the National Association of Insurance Commissioners, Kansas City, Mo., are working on the draft of Actuarial Guideline VACARVM with representatives from the American Academy of Actuaries, Washington, and the American Council of Life Insurers, Washington.

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