41
-
47
of
47
results (0.5 seconds)
Sort By:
-
Estimating Incurred But Not Reported Life Claims
of policies in force and q(i) is the expected mortality rate associated with policy i. If you are going ... has been taken to be 300,000. The follow- ing table shows some representative sets of values: α β σ ...- Authors: Alfred Raws
- Date: Dec 2005
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting; Life Insurance>Reserves - Life Insurance
-
PBR Simplified Methods Project
all material assumptions; 2. objectivity measure(s) for material best esti- mate assumptions; 3. an actuarial ... a range from zero to one, such as lapse and mortality. The resulting distribution covers both estimation ...- Authors: Mark Birdsall
- Date: Apr 2019
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Modeling & Statistical Methods>Conditional Tail Expectation; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Estimation methods; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Stochastic models
-
Unlocking of Traditional Contract Assumptions
of change depend on the method used as shown in Table 1. In the absence of constraints (not considered ... considered in this short article), we can see in Table 1 the fundamental characteristics of the prospective ...- Authors: Steven Malerich
- Date: Mar 2017
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance
-
FASB Long Duration Insurance Contracts Redeliberations
the discount rate to use for discounting payout annuity benefits back to the anticipated annuitization ... undiscounted amounts. For universal life con- tracts a table would be required showing guaranteed and current ...- Authors: Leonard Reback
- Date: Mar 2018
- Competency: Leadership>Change management
- Publication Name: The Financial Reporter
- Topics: Annuities>Guaranteed living benefits; Annuities>Reserves - Annuities; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance
-
GAAP Targeted Improvements—Retrospective Noise
and after an assumption change. Adverse Early Mortality Experience In Chart 1, adverse experience begins ... matches the original assumption. The select mortality assumption is changed in year five. Prior to ...- Authors: Steven Malerich
- Date: Sep 2017
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: The Financial Reporter
- Topics: Life Insurance>Reserves - Life Insurance
-
Asset Modeling Challenges for VM-20 Projections
Asset Modeling Challenges for VM-20 Projections This article describes methods for ... year of the NAIC VM-20 transition period under the U.S. life insurance industry’s belt, there has been significant ...- Authors: Benjamin Slutsker, Reanna Nicholsen, Jason Kehrberg
- Date: Mar 2018
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Life Insurance>Reserves - Life Insurance; Modeling & Statistical Methods>Asset modeling
-
PBR: What will regulators be looking for?
PBR: What will regulators be looking for? A discussion of regulatory oversight of PBR with ... companies calculate PBR reserves for their product(s), complete the VM-20 Reserve Supplement and complete ...- Authors: Andrew Rarus, Timothy Cardinal, Leonard Mangini, Leslie Jones
- Date: Dec 2016
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Life Insurance>Reserves - Life Insurance