Description: The new Risk Based Capital Standards RBC standards ushers in a new era of scrutiny and control by state insurance departments. This article summarizes the new features and the effects on companies.

Description: Summarizes the Association of Insurance and Financial Analysts report on Life Insurance Earnings Adjustment, which was prompte by recognition of the need for a standard, reliable method for adjusting statutory earnings to provide a better indication of the true earnings of a life insurer.

Description: Discusses the emerging issue of non-formulaic reserves, which surrounds principles-based reserving, in a Q&A format.

Description: Update on recent changes made, and proposed new changes, to Asset Valuation Reserve, AVR, and Interest Maintenance Reserve, IMR.

Description: Author, then the chief actuary of the New York State Insurance Department, discusses the appropriateness of certain assumptions used in the valuation of life insurer liabilities.

Description: Summary of Part II of the survey of Appointed Actuaries, sponsored by the American Academy of Actuaries Committee on Life Insurance Financia1 Reporting and the Society of Actuaries Financial Reporting Section, which asked appointed actuary various questions on methodology and assumptions employed for asset adequacy testing.