Public Policy


ACLI promotes sound public policy on issues important to the life insurance industry. Issues dominating ACLI’s advocacy agenda include retirement security, taxes, trade, and financial services regulatory reform.

ACLI advocates on behalf of approximately 290 member companies dedicated to providing products and services that contribute to consumers’ financial and retirement security.  ACLI members represent 95 percent of industry assets, 93 percent of life insurance premiums, and 98 percent of annuity considerations in the United States. 

ACLI advocates in federal, state, and international forums for public policy that supports the industry marketplace and the 75 million families that depend on our members’ life insurance, annuities, retirement plans, long-term care insurance, disability income insurance and reinsurance products. Taking into account additional products including dental, vision and other supplemental benefits, ACLI members provide financial protection to 90 million American families. Public policy positions are developed through ACLI’s comprehensive, member-based committee system.

Public Policy Issues

Captive Insurance Companies: Life insurers may establish captive reinsurers to manage risks effectively. [Read more.]

Employee Benefits: Life insurers are the leading providers of products and services for employer-sponsored benefit packages. [Read more.]

Federal Capital Standards: Life insurers are concerned that the Federal Reserve may ultimately apply bank-based capital standards to insurance companies. [Read more.]

Fiduciary Regulation: ACLI is calling on the U.S. Department of Labor to revoke and replace its fiduciary regulation. [Read more.]

FSOC Reform: FSOC’s authority to designate non-bank financial companies as systemically significant should be repealed. [Read more]

International Trade: International business operations are important to the success of many U.S. life insurers today and will continue to be as the global business environment evolves. [Read more.]

Pension De-risking: Today, many companies—both large and small—are struggling to meet the growing demands of defined benefit/pension plan obligations. [Read more.]

Retirement Plans: Life insurers are among the leading providers of products and services to defined benefit and defined contribution plans. [Read more.]

Taxes: The current tax treatment of life insurance and annuities has encouraged generations of Americans to protect their financial futures. [Read more.]

Recent Public Policy Activity

ACLI letter of support for the Receiving Electronic Statements to Improve Retiree Earnings (RETIRE) Act, 05/31/2018 

ACLI and other trades' letter of support for H.R. 3746, the Business of Insurance Regulatory Reform Act of 2017, 01/17/2018 

ACLI commends Treasury Secretary Steven Mnuchin and the Treasury Department for the report on the asset management and insurance industries, 10/27/2017 

Michael C. Sapnar of Transatlantic Reinsurance Company testifies on behalf of joint trades at Senate Banking Committee hearing examining U.S.-EU Covered Agreement, 05/02/2017

ACLI joins trade organizations requesting the covered agreement be signed, 04/13/2017

ACLI urges changes to Financial Stability Oversight Council designations and support for Covered Agreement in letter to Senate Banking Committee,  04/12/2017

ACLI Statement for the Record - House Financial Services Committee Subcommittee on Oversight and Investigation hearing, 03/28/2017

ACLI letter to DOL regarding proposal to extend applicability date of fiduciary rule, 03/13/2017

ACLI commends Senate Finance Committee for passing bipartisan legislation, The Retirement Enhancement and Savings Act of 2016, 09/21/2016

ACLI amicus curiae brief supporting MetLife, Inc. v. Financial Stability Oversight Council, 08/25/2016

ACLI Statement on full opinion to rescind MetLife's SIFI designation, 04/07/2016

Additional Resources

  • Fact Sheet: Life Insurers Provide Solutions to Demographic Challenges: We are in the midst of the most transformative demographic wave in human history.  Thanks to breakthroughs in medicine and advances in nutrition and education, people are living longer than ever before. Download the fact sheet to find out more.

  • Learn more about how life insurers positively impact your community and the U.S. economy, visit:
  • Americans to Protect Family Security (Secure Family) is a partnership of America's life insurance companies, agents, and financial advisors that is dedicated to educating policymakers about the role our products play in the financial lives of American families. Protect financial security, join