Description: This article on insurance regulation discusses the highlights of the Optional Federal Charter OFC – current developments, its opponents and proponents, accounting implications, and implications for small insurers.

Description: Discusses some of the new and different ideas being considered by the Wilcox Committee that is working on the Unified Valuation System, UVS, especially as they relate to smaller companies.

Description: An in-depth discussion of a research project, sponsored by the Committee on Life Insurance Research, the Smaller Insurance Company Section and the Reinsurance Section, on the topic of access to reinsurance.

Description: An update on the principle-based reserves (PBR) process and possible valuation manual adoption, with recommendations to actuaries on how to prepare.

Description: Results of recent survey of Smaller Insurance Company Section about the Financial Services Modernization Act, FSMA.

Description: This article addresses the 2001 CSO Mortality Table and the implications for preneed insurance, for which the table has been deemed inadequate. The article explores interim measures such as additional reserves, treatment as substandard, and tax implications. There is also discussion of a model NAIC regulation which would mandate the use of 1980 CSO mortality for preneed as well as efforts to eventually establish a new preneed mortality table for valuation and nonforfeiture purposes.

Description: The article describes how the Smaller Insurance Company Section's Principle-Based Reserves Team is planning to provide information and guidance about principle-based reserves.

Description: Excerpts of blast emails sent out by the SmallCo Section are highlighted, covering life insurance valuation, federal reserve action, and nonforfeiture interest rates.

Description: Compares Term VM-20 modeled reserves at low credibility factors.

Description: The decrease in interest rates over the last several years has led to decreases in the maximum valuation rate and maximum nonforfeiture interest rate, and companies need to prepare for these changes.