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New Standard Valuation Law SVL
which is just a failure to exercise due professional care or failure to follow professional standards. Then ... is that you first must choose your clients with care. Conduct an investigation of them before you accept ...- Authors: Paul Bell, Daniel J Kunesh, Karen MacDonald, James N Gorsline
- Date: May 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
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Claim Reserves
or the intro- duction of a new national health care, Social Security, or other disability scheme such ... both the inflation due to rising costs of hospital care and inflation reflected in larger size policy benefits ...- Authors: Rafal J Balcarek, Walter J Fitzgibbon, Peter L Hutchings, Spencer Koppel, Herbert Orenshein
- Date: Apr 1978
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability>Health insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Claims - Life Insurance; Public Policy
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New and Proposed Valuation and Nonforfeiture Standards for Individual Insurance
Hartford. It is now moving forward to the NAIC. The primary changes from the ACLI version were generated out ... reserve requirements were not dealt with on a more direct basis. It would appear to me that the only justi- ...- Authors: Richard S Miller, Paul E Sarnoff, Jack M Turnquist
- Date: Oct 1980
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Non-forfeiture benefits
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New Valuation Mortality Tables for Individual Life Insurance
Leckie, who studied the report with considerable care and helped us to clarify our own thinking by raising ... considered but was rejected for several reasons, a primary one being the added complexity that would be involved ...- Authors: Joseph C Sibigtroth, C David Silletto, Charles A. Ormsby, William K. Nicol
- Date: Oct 1979
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
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Valuation Actuary Overview - The New Statutory Valuation Opinion
insurance, v_r_'_ninhealth, disability income, long-term care, and other longer liabilities would have a higher ... effect, one projection process nested within the primary projection. For crediting, unless your business ...- Authors: Douglas Doll, Deborah A Gero, Abraham Gootzeit, Marc Pitoniak
- Date: Oct 1992
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Life Insurance>Reserves - Life Insurance; Public Policy
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Insurance Regulation and Legislation
objection to this rate differential surfaced. The primary concern appeared to evolve around potential replacement ... cost permanent insurance. A few years ago, my primary interest in a new mortality table was with respect ...- Authors: John K Booth, Richard W Kling, E James Morton, Richard Charles Murphy
- Date: May 1980
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Non-forfeiture benefits; Pensions & Retirement>Pension legislation and regulation
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Reserving for AIDS
also pointed out that: 872 RESERVING FOR AIDS Care must be taken in calculating AIDS reserves on business ... attempted to simplify the projection process. The primary considerations for me were that the base AIDS rates ...- Authors: Alf H Anderson, John E Hanrahan, Harold G Ingraham, Michael B McGuinness, Steven Schreiber
- Date: Apr 1990
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance
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Selection of Scenarios and Assumptions for Valuation Actuary Work
and the like. Let me go through the first and primary assumption which is the interest rate scenarios ... to these people, you have to realize that their primary interest is giving information to traders in dealing ...- Authors: Kenneth T Clark, Thomas Hartman, Robert D Hogue, Douglas Menkes, Sue W Ogden, Steven Schreiber
- Date: Oct 1987
- Competency: Professional Values>Practice expertise
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Reserves - Annuities; Life Insurance>Reserves - Life Insurance
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Current Statutory Reporting Topics for Life and Annuity Products
policyholder dividend liability, the Long-Term Care Guidance Manual and the revisions to the Generally ... recently. The B committee has adopted the Long-Term Care Guidance Manual. It takes the position that minimum ...- Authors: Meredith Ratajczak, Harry R Shissler
- Date: Oct 2002
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Capital - Annuities; Annuities>Reserves - Annuities; Annuities>Variable annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Life Insurance>Universal life; Life Insurance>Capital - Life Insurance
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XXX Update
XXX Update Presented at May 2002 Spring Meeting. This session examines how the revised ... regulatory requirements, you can see you could have a direct conflict between valuation standards and tax standards ...- Authors: Mark D Peavy, James Reiskytl, Sheldon Summers, Lloyd Spencer
- Date: May 2002
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance