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An Analysis of the Legal Implications of the Valuation Actuary Concept
Implications of the Valuation Actuary Concept In this paper, Chapter VII of the 1987 Valuation Actuary Handbook ... American Academy of Actuaries, discusses the valuation actuary concept, starting with the current regulatory ...- Authors: Gary D Simms
- Date: Jan 1987
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Public interest representation
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
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Reflections of a Regulatory Actuary
Reflections of a Regulatory Actuary Reflections of a Regulatory Actuary by Larry ... Gorski Annuity reserves;Asset modeling;Asset valuation;Bayesian methods;Cash flow testing;Life reserves;Policyholder ...- Authors: Larry M Gorski
- Date: Mar 2003
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Professional Values>Public interest representation
- Publication Name: The Financial Reporter
- Topics: Actuarial Profession; Annuities>Reserves - Annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Public Policy
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Relationship Of The Actuary To The Policyholder
that the use of the 1971 Group Annuity Mortality Table, which results in the 2ayment of greater monthly ... reasonably accurate, and it tied in with the valuation and non-forfelture laws in many states. Some actuaries ...- Authors: Barbara Lautzenheiser, Alan E Lazarescu, Bartley L Munson, William F Sutton
- Date: Oct 1975
- Competency: Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy
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U.S. Flood Insurance: A Looming Disaster
stable place when the maximum rate increase on individual policies is 10 percent per year (25 percent ... insurance is then under the jurisdiction of the individual states per the McCarran-Ferguson Act. So engaging ...- Authors: Kathryn Marie Rokosz
- Date: Dec 2013
- Competency: Professional Values>Public interest representation; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Risk Management
- Topics: Public Policy
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The Oversight Subcommittee - Report: Marketing & Cost Discloser
, groups of people who need and can pay for individual life insurance but which few or no companies ... results from the blood pressure experience. A table accompanying the press re- leases for the new Build ...- Authors: Ernest J Moorhead
- Date: Nov 1979
- Competency: External Forces & Industry Knowledge; Professional Values>Public interest representation
- Publication Name: The Actuary Magazine
- Topics: Public Policy
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What is Unfair Discrimination in General Insurance Rating? A Regulator’s Perspective
classifications and, ultimately, perhaps even for individual insureds.” Paragraph 9 of the NAIC’s Price Optimization ... shop for insurance. Retention adjustment at an individual level. A policyholder’s propensity to ask questions ...- Authors: MICHAEL PATRICK MCKENNEY
- Date: Dec 2016
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Influence decisions
- Publication Name: General Insurance Insights
- Topics: General Insurance (Property & Casualty)>Pricing/ratemaking - General Insurance; Public Policy
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Actuaries In Regulation Influencing Future Of Industry
sharply increased, as evidenced in the following table that compares the profession’s 1995 Directory ... been adopted by thc NAIC for small group and individual policy reform. While many state regulatory actuaries ...- Authors: Dwight K Bartlett
- Date: Jun 1995
- Competency: Leadership>Influence; Professional Values>Public interest representation
- Publication Name: The Actuary Magazine
- Topics: Public Policy
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The Public Good Vs. Private Profit?
enlarge- ment of the legal roles actuaries play in valuation and illustration models. “Actuaries can play ... insurance. The important thing is to balance them. Valuation and illustration actuaries clearly have a role ...- Authors: Linda Heacox
- Date: Jan 1997
- Competency: External Forces & Industry Knowledge; Leadership>Influence; Professional Values>Public interest representation; Strategic Insight and Integration>Big picture view
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession; Actuarial Profession>Standards of practice; Public Policy
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ACLI Update
Insurance Commissioners (“NAIC”) approved the Valuation Manual. The Manual contains details of a principle-based ... Adoption requires that a state enact the Standard Valuation Model Law that was approved by the NAIC in 2009 ...- Authors: Pete Bautz
- Date: Oct 2013
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Public interest representation
- Publication Name: Taxing Times
- Topics: Financial Reporting & Accounting>Tax accounting; Life Insurance>Term life; Public Policy
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Editorial - Beyond The Numbers
topics and actuarial controversy abound in the individual life insurance business. Stories in this issue ... ourselves are challenged. Current news items in the individual life insurance industry reflect the spectrum ...- Authors: Ken McCullum
- Date: Oct 1997
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Ethical standards; Professional Values>Public interest representation; Strategic Insight and Integration>Big picture view
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Competencies; Actuarial Profession>Ethics; Public Policy