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Financial Reporting For New Generation Life And Annuity Products
of side-tracking the Academy Committee from its direct review of Recommendation 7, but at the same time ... discussion of this issue at the 1984 SOA meetings. The primary objective is to gain a sense of direction supported ...- Authors: John W Brumbach, Douglas Doll, Thomas J Leary, Cande Olsen, William J Schreiner
- Date: May 1984
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy
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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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Statutory Reserving Update-Annuity Products
after Actuarial Guideline 34. However, unlike the primary risk under AG 34, where the concern is providing ... future—that is, short-term market volatility—the primary concern for VAGLBs lies with both volatility and ...- Authors: Donna Claire, James W Lamson, Jonathan Wooley
- Date: Oct 2000
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
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Proposed - A Dynamic Valuation Interest Rate
substance, there is just another matter to take care of. It has come to our attention that the advertising ... net premium/tabular benefit pattern. It takes no direct account of non- forfeiture benefits. It assumes ...- Authors: James Bridgeman, Yuan Chang, Carl R Ohman, Hodge L Jones
- Date: Oct 1979
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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AVR/IMR/RBC/FAS 107 Implementation
Company A, which owns Company B, just make them both direct subsidiariesof the parent holdingcompany. In some ... this fair-value- of-liabilitiesissuenot beingtaken care of. Maybe FAS 107 might be the end run for us. We ...- Authors: Application Administrator, Edward F McKernan, Frederick S Townsend, Linda V Atkins
- Date: Jan 1993
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
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Latest News from the NAIC
regulation the effective dates are January 1, 1994 for direct business, and January 1, 1995 for reinsurance assumed ... reserves. articles that I have read mention that the primary objective of product design is avoid deficiency ...- Authors: Howard H Kayton, Daniel J Kunesh, Donald Maves, Dennis L Stanley
- Date: May 1994
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
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Life Company Solvency - Has the Industry Stabilized?
marketing side, you try to make a judgment. Do you care for me? Do you know what you're talking about and ... SOLVENCY -- HAS THE INDUSTRY STABILIZED? long-term care product. Is this a good product to buy?" Our ratings ...- Authors: Edward P Mohoric, David DeNunzio, Larry A Brossman
- Date: Jun 1993
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments; Financial Reporting & Accounting>Statutory accounting; Global Perspectives; Public Policy
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Appointed Actuary Update: Is the U.S. on the Right Track?
various other things. MR. ROBERT H. DREYER: My primary contribution to this panel discussion is intended ... of the remainder is owned by people who have a direct connectionwith the Erie InsuranceGroup. 1879 ...- Authors: Frank Buck, Robert J Callahan, Robert H Dreyer, Susan M Ende, Robert E Winawer
- Date: Oct 1993
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Report of the Special Committee On Valuation and Nonforfeiture Laws
particular company. What the majority listed as their primary concern was the pricing problem. They have seen ... seven VALUATION AND NONFORFEITURE LAWS 337 primary concerns. I suggested an eighth: present nonforfeiture ...- Authors: Thomas F Eason, Ardian Gill, Robert N Houser, Charles F B Richardson
- Date: May 1975
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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Risk-Based Capital: Industry Implications
of it is inland. You can't get a handle on the direct exposure, and you can't determine the efficiency ... that reservestrength is ignored. The model doesn't care whether you have an absolute ton of reservesthat ...- Authors: Ralph S Blanchard, Frederick O Kist
- Date: Apr 1994
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy