Description: Presented at October 1996 Annual Meeting. Discusses the status and future impact of new and emerging issues in financial reporting and taxation.

Description: Discussion of the Buol Report, dealing with international solvency standards for life insurance companies

Description: Read the March 2017 issue of The Financial Reporter published by the Financial Reporting Section.

Description: This session will be devoted to providing brief updates on the status and future impacts of new and emerging issues in financial reporting. The Canadian update will include the potential implications for U.S. reporting.

Description: Covers current and emerging issues in statutory and GAAP financial reporting in the United States and Canada. One segment focuses on the Financial Accounting Standards Board [FASB] proposal for a new accounting model for universal life insurance, with comments by a member of the FASB staff. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Panelists, which included the chairman and some other members of the task force, discuss their final report. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: A description of the controversy surrounding Actuarial Guideline 38 (AG38) and the joint working group that was formed to address the controversies.

Description: Oliver Wyman surveyed the life insurance industry in 2Q 2018 on emerging life PBR practices. Key takeaways and a deeper dive on select practices are provided.

Description: Presented at May 2002 Spring Meeting. Discusses changes to reserving and tax regulations and the implications they have on product development.

Description: For establishing the ongoing adequacy of claim reserves for blocks of long-term care insurance, retro testing is a blunt tool, the results of which are not conclusive. Claim reserve retro tests should be reviewed by claim duration, include the impact of interest consistently, and include updated assumptions that can have an impact on claim termination rates or other factors. The new NAIC LTC Experience Reporting Forms estimated to arrive for reporting year 2008 will help modernize LTCI retro tests, providing additional accuracy and standardization. Actuaries should not wait for these forms, but rather ensure that any claim reserve analysis moves beyond a basic calendar year retro test.