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  • My Expectations of Appointed Actuaries for Smaller Life Insurance Companies
    well beyond the limiting age of the mortality table. A policy’s issue date should not be earlier than ... commissions and net premiums, is a gross premium valuation needed? How do deferred, advanced and due and ...

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    • Date: Sep 2013
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Leadership>Influence; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Small Talk
    • Topics: Actuarial Profession>Best practices; Experience Studies & Data>Mortality; Financial Reporting & Accounting>Statutory accounting
  • Principle-Based Approach – Still A Work in Process
    two documents: A revised Standard Valuation Law (SVL) and a valuation manual (VM), which in- cludes, among ... company can directly use assump- tions from a CSO Table if the credibility of its data is low. On expenses ...

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    • Authors: Norman E Hill
    • Date: Jun 2008
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Introducing the Representative Scenarios Method - Part 1
    scenar- ios to demonstrate that full stochastic valuation is of little value because the risks at which ... proach, RSM has the potential to serve as a valuation meth- odology that could be used for any long-tailed ...

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    • Authors: Mark Birdsall, Stephen Strommen
    • Date: Sep 2015
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • 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 ...

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    • 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