Announcement: SOA releases April 2024 Exam FM passing candidate numbers.

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  • GAAP for Universal Life
    GAAP for Universal Life Speaker works through a detailed example of GAAP analysis and reporting ... universal life product. Session 40TS of the 2005 Valuation Actuary Symposium. N/A; 18859 1/1/2005 12:00:00 ...

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    • Authors: Edward Jarrett
    • Date: Jan 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Universal life
  • New Products Accounting Alternatives
    for some time--a model regulation on statutory valuation and nonforfeiture prac- tices for UL. At the same ... now where FIT is intimately tied to statutory valuation. I think that in future years, FIT will continue ...

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    • Authors: Edward F Bader, Shane A Chalke, Rex D Hemme, Linda L Wein
    • Date: Jun 1985
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Individual annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life
  • Source-of-Earnings Analysis under FAS 97 Universal Life Accounting
    Mortality rate (q): as shown in Table 1 Mortality charge rate (m): as shown in Table 1 Withdrawal rate (w): ... Deferrable Expense (DE): $16 in the first year. Table 1 summarizes these values and assumptions. Also ...

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    • Authors: Joseph H Tan
    • Date: Oct 1989
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Universal life