Description: Recently, the IRS eliminated one of the more amorphous tax rules that at times was a stumbling block in Triple-X securitization transactions. Unfortunately, however, the IRS left an equally amorphous consolidated return rule untouched.

Description: This is a discussion about the new examination syllabus. From Transactions of Society of Actuaries 1963, Vol. 15 Pt. 2

Description: In this continuation of our July 2013 article we explore an algorithm for evaluating Hidden Markov Models in detail. A preferred method in speech recognition technology, Hidden Markov Models are a promising technique when dealing with data you suspect may be driven by a change in a unobservable state. The example in the article is provided in an Excel workbook for the reader to follow along with.

Description: Actuarial appraisal and role of the actuary with regards to Health Insurance Mergers and Acquisitions. Issue No. 40.

Description: In this article the author uses the backdrop of the Isner/Mahut 2010 Wimbeldon match that lasted an unlikely 183 games to discuss several diverse areas that provide opportunity for risk management.

Description: Discusses the meaning of statutory reserves with respect to a pending IRS ruling, in the case where different levels of statutory reserves are required in different states.

Description: SSAP 10R supersedes Statement of Statutory Accounting Principles No. 10, Income Taxes “SSAP 10” and the new provisions set forth in this accounting principle are effective for year-end 2009 statutory financial statements. If elected, they provide, where appropriate, the ability to admit additional DTAs by increasing the projected realization period from one to three years along with increasing the statutory surplus limitation from 10 percent to 15 percent, provided the entity exceeds certain risk based capital “RBC” thresholds. SSAP 10R also makes explicit and gives definition to the implicit valuation allowance of SSAP 10, and increases transparency through its expanded disclosure requirements for all entities regardless of whether electing the expanded recognition provisions.

Description: In this article Deborah Adler Poppel interviews Patrick L. Townsend, author of the book Commit to Quality. Mr Townsend defines quality process, advises what the components are and explains why quality is hard to achieve.

Description: This is a panel discussion on accreditation of actuaries. From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2, No. 44

Description: A discussion of regulatory oversight of PBR with two former regulators to give some insight into how your company should be preparing for new PBR requirements.