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Quantifying the C-2 Risk [Premium Insufficiencies, including Increasing Claims and Expenses]
certificate, it may be the secondary cause not the primary cause and, in many cases the cause of death may ... responsible. FROM THE FLOOR: Even though the primary problem will be in future sales, do you see us ...- Authors: Michael Cowell, Daniel J McCarthy
- Date: May 1987
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Record of the Society of Actuaries
- Topics: Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Financial Reporting & Accounting>Statutory accounting
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New York Regulation 126 Revisited
reserves established for the 1986 year end. While the primary reason for rejecting the AOM is indicated below ... EXHIBIT I REASON FOR REJECTION OF THE AOM Primary Reason Count Assets not equal to liabilities at ...- Authors: Peter B Deakins, Donna Claire, Peter L Smith, Steven A Smith
- Date: Jun 1988
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Asset liability management; Financial Reporting & Accounting>Statutory accounting
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The Future Measurement of Financial Solvency of Life/Health Insurance Companies in the United States
cases, modified GAAP or near GAAP, modified to take care of the needs and management of their own com- panies ... to build upon, but that is not sufficient to take care of the needs of the future. The traditional training ...- Authors: Allan Brender, Sam Gutterman, Curtis E Huntington, Richard Kischuk
- Date: Oct 1988
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting
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New Separate Account Annual Statement Blank Teaching Session
funds into the Separate Account operation to take care of administrative expenses which were detailed in ... be expected, because these would be regarded as direct expenses chargeable to the investment operations ...- Authors: Robert J Johansen, Bruce E Nickerson
- Date: Oct 1977
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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Accounting for Reinsurance Agreements
Categories is Health Insurance Other than Long-Term Care and Long-Term Disability. Letters appear across ... term business is a good example of this. Their primary business is selling permanent participating policies ...- Authors: Alan E Close, William M Frasier
- Date: Oct 1996
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting; Reinsurance>Financial reporting for reinsurance
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Surplus Standards - United States, Canada, United Kingdom
reason for this restriction is that, in Europe direct companies are strictly regulated while reinsurance ... companies are regulated in exactly the same way as direct-writing companies. So this kind of restriction ...- Authors: Allan Brender, Richard S Robertson, Richard J Squires, Paul Winokur
- Date: Jun 1985
- Competency: Professional Values>Practice expertise; Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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Actuarial Opinion on Nonguaranteed Elements
change company illustrations. This question does not direct itself to what salesmen are doing, but to what ... different nature of nonguaranteed elements. Of primary importance is the fact that nonguaranteed elements ...- Authors: John K Booth, Walter N Miller, Eleanor S Hartley, Sheldon Summers, William T Tozer
- Date: Jun 1988
- Competency: Professional Values>Practice expertise
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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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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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