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The Choice of the Proper Profit Objective
data pro- cessing manpower, name lists for a direct-response company, or current assets and cash flow ... Conclusion Assuming that a stock insurance company's primary objective is to maximize its current value, products ...- Authors: Bradley M Smith
- Date: Jan 1999
- Competency: Technical Skills & Analytical Problem Solving; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Life Insurance>Pricing - Life Insurance
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GAAP Issues/Fair Value Financial Reporting
income statement. They're basically going to be a direct adjustment in the equity section. You'll see a ... Emerging Issues Task Force. Specifically, the primary issues addressed were: 1. The discount rate used ...- Authors: Glen Gammill, James Hohmann, Bradley M Smith, Stephen White, Dave Ficca
- Date: Jan 1994
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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GAAP for Nontraditional Long-Duration Contracts
Now you have to use the SOP." The SOP doesn't care if you were deferring over a shorter period, over ... over straight line or over EGPs. It doesn't care what you were doing in the past. But you have a balance ...- Authors: Edward Jarrett, Bradley M Smith, Laura J Hay
- Date: Sep 2003
- Competency: External Forces & Industry Knowledge
- Topics: Annuities>Variable annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Public Policy
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XXX Implications
ceding the XXX reserve that was established on a direct basis to the reinsurers. The jurisdictions in ... the savings in reduced capital costs back to the direct writing company, bringing their total costs close ...- Authors: Gary Kelly, Bradley M Smith, Juliette Burden
- Date: Aug 2004
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Reinsurance News
- Topics: Life Insurance>Reserves - Life Insurance
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Relevance Is Not A Four Letter Word …
or explaining the intricacies of U.S. health care reform to the media, it is imperative that we ... Social Security; Medicare, Medicaid and health care reform; the underfunding of public pension plans ...- Authors: Bradley M Smith
- Date: Oct 2012
- Competency: Leadership>Thought leadership; Professional Values>Practice expertise
- Publication Name: The Actuary Magazine
- Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk categories; Finance & Investments>Risk measurement - Finance & Investments
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UAP Is Not in Our Best Interest – A Personal View
UAP Is Not in Our Best Interest – A Personal View A discussion of the Canadian Institute of Actuaries’ ... many, if not most, of you. Consequently, the primary responsibility of both the board and the staff ...- Authors: Bradley M Smith
- Date: Jun 2013
- Competency: Communication>Persuasive communication; Professional Values>Practice expertise
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Qualifications; Actuarial Profession>Professional associations
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Professionalism; Letter from the President
Professionalism; Letter from the President Column from SOA President Brad Smith discussing the qualities ... are you average/ mediocre or did you just not care?” It has to be one or the other, right? Either ...- Authors: Bradley M Smith
- Date: Aug 2012
- Competency: Professional Values>Ethical standards
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Code of Conduct
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Mergers and Acquisitions/Appraisals
American Travelers. American Travelers is a long-term care company out of Philadelphia. If you remember back ... back in 1994, everybody was selling their long-term care,business. They came to the realization that it ...- Authors: Meredith Ratajczak, Bradley M Smith, Michael Hughes
- Date: Sep 1998
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments
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Financial Reporter Newsletter, Issue 47, May 2004
Statutory Surplus Change AFIT -Gain from Operations -Direct Credit to Surplus’ Full DTA Admitted DTA Non ... point on what is needed, may be too specific in direct- ing the use of scenario testing as the way to ...- Authors: Jerry Enoch, David C Heavilin, James W Lamson, Carol A Marler, Edward Robbins, Max Rudolph, Raymond Ted Schlude, Bradley M Smith, Vincent Y Y Tsang, Steven Lash, Rebecca Wang, Tara J P Hansen, Valentina A Isakina
- Date: May 2004
- Publication Name: The Financial Reporter
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Ask the Experts
about long-tail- type business, such as long-term care and disability income (DI). For the most part, ... companies that are deep in DI or long-term care are typically using internally generated tables for ...- Authors: Jack Gibson, Larry M Gorski, Meredith Ratajczak, Bradley M Smith
- Date: Jan 2005
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values
- Topics: Actuarial Profession; Financial Reporting & Accounting