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

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  • Chairperson' Corner: PBR is Here ... Pricing, Valuation and
    Chairperson' Corner: PBR is Here ... Pricing, Valuation and Chairperson's ... Chairperson' Corner: PBR is Here ... Pricing, Valuation and Chairperson's column for the September ...

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    • Authors: Leonard Mangini
    • Date: Sep 2016
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: The Financial Reporter
    • Topics: Economics>Financial economics; Enterprise Risk Management>Financial management
  • PBR Developments: What’s Going on with the Valuation Manual?
    PBR Developments: What’s Going on with the Valuation Manual? This article summarizes recent proposed ... with the Valuation Manual? This article summarizes recent proposed changes to the Valuation Manual that ...

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    • Authors: Arnold Dicke, Leonard Mangini
    • Date: Sep 2018
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
  • PBR: What will regulators be looking for?
    PBR: What will regulators be looking for? A discussion of regulatory oversight of PBR with two ... based reserves-PBA;Statutory Valuation;Statutory Reserves;Standard Valuation Law 12/30/2016 12:00:00 AM ...

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    • Authors: Andrew Rarus, Timothy Cardinal, Leonard Mangini, Leslie Jones
    • Date: Dec 2016
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Life Insurance>Reserves - Life Insurance
  • Chairperson's Corner: Section Priorities for 2016
    all having enacted versions of the Standard Valuation Law (SVL). This brings the number of jurisdictions ... percent of market premium required to make the Valuation Manual and PBR operational at Jan. 1, 2017. Under ...

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    • Authors: Leonard Mangini
    • Date: Jun 2016
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Fair value accounting; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Financial Reporting & Accounting>International Financial Reporting Standards [IFRS]; Financial Reporting & Accounting>Statutory accounting; Financial Reporting & Accounting>Tax accounting
  • Session 37 - PBR Attribution Analysis: How to Explain Reserve Movements
    Disclaimer SOA Presentation Disclaimer 2019 Valuation Actuary Symposium Session 37: PBR Attribution ... insurance companies on a variety of matters including valuation, financial reporting, risk-based capital, asset ...

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    • Authors: Leonard Mangini, William Sayre, Dylan Strother, Chris Whitney, Kunalajit Kang
    • Date: Aug 2019
    • Competency: External Forces & Industry Knowledge
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • A Time of Preparation
    working on a new paradigm for life insurance valuation—the idea of a Principle-Based Reserves (PBR) ... products into valuing their liabilities AND a Valuation Manual that serves as a “living document” to ...

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    • Authors: Leonard Mangini
    • Date: Mar 2016
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Enterprise Risk Management; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Financial Reporting & Accounting>International Financial Reporting Standards [IFRS]; Financial Reporting & Accounting>Statutory accounting