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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 ...

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    • 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
  • Individual Annuities
    which, I think, the life insurance business must care- fully consider. The next chapter arose in the ... rule also has some language that says, if the primary business of the insurance company is selling these ...

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    • Authors: Edward H Baker, Samuel H Turner, William T Gibb, Jack P Barger
    • Date: May 1978
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Individual annuities; Public Policy
  • Appropriate Standards for Profit Margins
    surplusto an individualpolicy, enoughsurplusto take care of the fact that you'll probably be paying out more ... businessand assume that the tail is just going to take care of itself. So when you're measuring surplus,you ...

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    • Authors: Stephen P D'Arcy, Charles McClenahan, Oakley E Van Slyke
    • Date: Apr 1994
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments; Modeling & Statistical Methods; Public Policy
  • Tax Issues
    seriousmatter of policyholderrelations,companiesmust take care becausethe IRS has plenty of authority to inflictcompany ... out there alone. On the other hand, remember the primary rule, and that is, be reasonable. If the crowd's ...

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    • Authors: Application Administrator, Bruce Booker, Douglas N Hertz
    • Date: Jun 1992
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Public Policy; Public Policy
  • State Variations from Standard Law
    in the opinion while others probably could not care less, especially for opinions from nondomiciliary ... state's variations from the NAIC models. The primary users for this system will be state regulators ...

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    • Authors: Thomas Campbell, J Duran, Wm Harold Phillips, Shirley Hwei-Chung Shao, James Van Elsen
    • Date: Jan 1996
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Equity-Indexed Products - Financial Issues
    is the participation rate. I think that is the primary basis of competition and why you see companies ... companies are doing, can we be a little bit more direct as to what we see are the major threats to this ...

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    • Authors: Barbara Snyder, Francis Sabatini, Douglas A George, Kevin F Leavey
    • Date: Sep 1999
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Topics: Annuities>Equity-indexed annuities; Life Insurance; Public Policy
  • Failed Contracts Under Internal Revenue Code, Section 7702
    environment that probably means exercise ordinary business care and prudence. All the facts and circumstances are ... neglect, and neglect is the failure to use reasonable care in the filing of a tax return, So in cases of willful ...

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    • Authors: Application Administrator, Christian J DesRochers
    • Date: Oct 1995
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance; Public Policy
  • 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 ...

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    • 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
  • Introduction to Credit Derivatives
    like that. One thing to keep in mind is that no direct loss for a protection buyer of a credit derivative ... rating agencies and other institutions. Banks don't care. Banks don't buy 20-year corporate bonds. They're ...

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    • Authors: Michael J Hambro, Gregory Henke, Craig Fowler, Kevin Reimer
    • Date: Oct 2003
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Derivatives; Public Policy
  • Small Company Issues
    majority of the situations came up to be the primary concern. Since generally recognized expense table ... have to look at your respective mortality on the direct side. Can you use YRT rates from the reinsurer ...

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    • Authors: Charles K Chacosky, Paul J Sulek, Douglas Knowling, Rodney Keefer, Brett E Morris
    • Date: Sep 1999
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy