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Regulatory Update
PBR governing document is a section of the new Valuation Manual (VM) labeled VM20. After nearly seven ... another three years. The new VM and Standard Valuation Law (SVL) make some provision for actuarial judgment ...- Authors: Norman E Hill
- Date: Oct 2012
- Competency: Professional Values>Ethical standards
- Publication Name: Small Talk
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Building Bridges with Alternative Marketing Methods
*Copyright © 2000, Society of Actuaries Note: Table 1 for this session can be found in the document ... traditional group and traditional individual marketing. It involves selling individual policies but retaining features ...- Authors: Robert H Dreyer, Norman E Hill, James B Smith, Lori A. Truelove
- Date: Oct 1999
- Competency: Strategic Insight and Integration
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability; Life Insurance>Marketing and distribution - Life Insurance
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Principle-Based Reserves PBR – More Trends, But Not Resolution
Commissioners (NAIC) will adopt a new Standard Valuation Law (SVL) this year. If so, it would very likely ... adopted by itself, without the accompanying Valuation Manual (VM), containing several defacto model ...- Authors: Norman E Hill
- Date: Dec 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Small Talk
- Topics: Financial Reporting & Accounting>Statutory accounting
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Small Companies & Federal vs. State Regulation
of uniformity, there is lack of objectivity. Individual insurance departments are inconsistent in treatment ... inconsistent in treating an individual company across time. Some claim that individual department analysts are ...- Authors: Norman E Hill
- Date: Sep 1999
- Competency: External Forces & Industry Knowledge
- Publication Name: Small Talk
- Topics: Public Policy
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Updated Regulatory Gamut—From OFC to PBR and In Between
including: 1. The assertion that the current valuation system is broken. In my opinion, this is ... November 2009 | small talk | 15 The new Standard Valuation Law (SVL) proposal, includ- ing a Corporate Governance ...- Authors: Norman E Hill
- Date: Nov 2009
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Public Policy
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Regulatory Update, First Six Months 2014
far, 18 states have adopted the new Standard Valuation Law (SVL)/PBR package, including two where legislation ... or Discussed by LATF It was agreed that the Valuation Manual’s governance sec- tion could be amended ...- Authors: Norman E Hill
- Date: Sep 2014
- Publication Name: Small Talk
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Small Talk Newsletter, May 1999, Issue No. 13
..............................9 The Unified Valuation System: A Small Company Perspective by James ... The Unified Valuation System (UVS), a sweeping proposed revision of the Standard Valuation Law, is discussed ...- Authors: Richard H Browne, Cherri R Divin, Norman E Hill, Mike Lombardi, James Thompson, Scott J Cipinko, Cecilia Green, Jacqueline Bitowt, Thomas F Streiff, Ara C Trembly
- Date: May 1999
- Publication Name: Small Talk
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Work Site Health Products: Keys to Successful Programs
employees, sometimes through associations or through individual or group policies. It involves elements of mass ... Programs 2 Originally, work site was sold as individual products but there's been a definite trend, ...- Authors: Norman E Hill, Daniel Winslow, Darrell D Spell, Michael Fish
- Date: Jun 2002
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability>Health insurance
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Capital Management - The Big Picture
Rather, an enterprise must bring many skills to the table to implement such a process. Dave Hall is Vice ... 1462 CAPITAL MANAGEMENT -- THE BIG PICTURE individual life insurance business, or how much capital ...- Authors: Shane A Chalke, Glen Gammill, David A Hall, Norman E Hill, Richard S Robertson
- Date: Oct 1989
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Capital management - Finance & Investments
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Enterprise Risk Management ERM for Small Insurers—An Evolving Concept
tions should be auditable. 13. At least one individual, preferably more, in an organiza- tion should ... risk and thus constitute systemic risk. A third individual said he could not articulate systemic risk, ...- Authors: Norman E Hill
- Date: Nov 2009
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Small Talk
- Topics: Enterprise Risk Management