Announcement: SOA congratulates the new ASAs and CERAs for May 2024.

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  • Embedded Value/Fair Value - Different Approaches, Same Goal
    excess of assets over liabilities as of the valuation date. I’ll get into these elements a little bit ... typically publish the embedded value as of the valuation date and the value of one year’s new business ...

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    • Authors: Burton Jay, Kenneth LaSorella, Hubert B Mueller
    • Date: May 2002
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Fair value accounting; Global Perspectives
  • Embedded [Economic] Value versus Fair Value versus U.S. GAAP
    are buying or selling companies, typically the valuation is an appraisal value, because you're also including ... It includes capital and surplus and the asset valuation reserve (AVR). Sometimes it includes the interest ...

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    • Authors: Morris Chambers, Daniel J Kunesh, Kenneth LaSorella, Hubert B Mueller
    • Date: May 2003
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting