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Session 55 - PBR Implementation: Lessons Learned
closely follow federal law. The Sherman Act, is the primary U.S. antitrust law pertaining to association activities ... Starting assets at each valuation date use the ‘direct iteration’ approach • The cohort is assumed to ...- Authors: Dayuan Mao, Carrie Kelley
- Date: Aug 2019
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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New Standard Valuation Law SVL
topic is that you need to choose your clientswith care. Obviously,this is more applicableto the consultingactuaries ... company-employedactuary, you need to choose your employer with care. You need to try and work for a company that wants ...- Authors: Douglas Doll, Donna Claire, Douglas Knowling, James N Gorsline
- Date: Jun 1993
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Public Policy
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Your One Stop Guide to all Principle-Based Reporting
closely follow federal law. The Sherman Act, is the primary U.S. antitrust law pertaining to association activities ... Prescribed PBR Templates − Template A: Distribution of Direct Life Insurance Business − Template B: Distribution ...- Authors: Rachel Hemphill, Angela McShane, Benjamin Slutsker
- Date: Aug 2020
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance; Life Insurance>Reserves - Life Insurance
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The Valuation Actuary – 1992 Developments
composed of six prominent actuaries, thus became the primary driving force behind the valuation actuary concept ... industry response, primarily through the ACLI, was direct opposition to this point. The position of industry ...- Authors: John S Bath, Application Administrator, J Duran, Marc Pitoniak
- Date: Jan 1992
- Competency: External Forces & Industry Knowledge
- Topics: Annuities>Reserves - Annuities; Financial Reporting & Accounting; Life Insurance>Reserves - Life Insurance; Reinsurance
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Regulation XXX Update
particularly for the very long guarantees, are the primary way of doing that. So to summarize, XXX X-factor ... guideline, we look for certain characteristics. The primary characteristic is that the guideline clarifies ...- Authors: Michael Eckman, Sheldon Summers, Douglas Robbins, Michael Smith
- Date: Oct 2001
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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Session 33 - Accelerated Underwriting Research
sent to direct companies and reinsurers 28 companies with AU programs responded to the direct company ... Several others without programs responded to direct company survey to answer our questions regarding ...- Authors: Allen Klein, Karen Rudolph, Ronora Stryker
- Date: Aug 2019
- Competency: External Forces & Industry Knowledge
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Underwriting - Life Insurance
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Individual Insurance
large an undertaking our revision was and how much care had gone into preparation. Later we sent most of ... sales effort must be measured; a widow does not care how much her late husband's insur- ance had cost ...- Authors: Robert E Slater, John E Smith, Ronald G Stagg, Robert C Tookey, Harry Walker, E A Dougherty, Milton J Goldberg, Charles M Sternhell, Lowell M Dorn, Zehman I Mosesson, Charles S Schelle, Harry W Jones
- Date: Oct 1963
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance
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XXX Status Report
years now in many jurisdictions. It should take care of the promises you alluded to on the outlying years ... thank you for those insights. If you wouldn't care to keep your thoughts to yourself so much we could ...- Authors: Larry M Gorski, R Thomas Herget, Mark J Oberhellman
- Date: Oct 1996
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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XXX Update
my management was thrilled to hear that. The primary cause of the very high reserves was the retroactivity ... built into our statute. It gives the commissioner direct authority to withhold approval of any policy ...- Authors: Robert W Foster, Larry M Gorski, Donald Maves, Michael Palace
- Date: May 1999
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Public Policy
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Mortality
attributed to antibiotics, safer surgery, better medical care. At attained ages 65 and over the mortalitytrends ... in theory the valuation mortality table has no direct influence on the cost of life insurance since ...- Authors: Society of Actuaries
- Date: Mar 1957
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Claims - Life Insurance