Description: Summarizes results of PBR survey of regulators by the Valuation Law and Manual Team, VLMT, of the Life Reserves Working Group, LRWG. Did not say what regulators were surveyed.

Description: Summary of the SOA research project on PBR Simplified Methods. Describes the multi-risk scenario generator, central estimate assumptions, assumption objectivity measures, and regulatory demonstrations per VM-20.

Description: This paper considers policies with annual premiums and discusses four types of life insurance reserves calculations: curtate, fully continuous, discounted continuous, and semicontinuous. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Describes using the new multi-risk scenario generator to create sensitivity tests at moderately adverse probability levels, resulting in margins to use for PBR.

Description: This article summarizes current regulatory activity discussed at the Spring 2009 meetings of the N.A.I.C. and the National Council of Insurance Legislators.

Description: This paper will not attempt to cover the details of every possible approximate method, but will endeavor to illustrate the use of principles andgeneral methods. It is hoped that the application of these principles and methods will help develop particular solutions to many of the varied valuation problems of today. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: Building on the Part 1 article, Introduction to the Representative Scenarios Method, this article describes testing the methodology with respect to four product types, fixed indexed annuities with GLIBs, level term life insurance, universal life with secondary guarantees, and variable annuities with GLWBs. This Part 2 article describes testing results, refinements to the RSM methodology, and next steps.

Description: 1996 Valuation Actuary Symposium. This session about life and annuity valuation issues discussed Guideline 33, Guideline MMM, separate accont surplus, equity-indexed annuities, the annuity mortality regulation, the model illustration regulation, and XXX.

Description: This actuarial note provides a discussion of modified reserves and minimum cash values when continuous functions are used. Discussions of this paper are included.

Description: Provides an overview of SFAS 60, 91, 97, and 120 and the importance of U.S. GAAP for Asian insurance companies with a country by country analysis.