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  • Individual Health Insurance Reserve Issues
    this presentation. MR. E. PAUL BARNHART: The primary topic that I am responsible for presenting is the ... but highly probable or imminent because of their direct causal relation to claims that have been incurred ...

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    • Authors: E Paul Barnhart, Robert Dobson, Jan O'Sullivan, Mark E Litow, W H Odell
    • Date: Oct 1985
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Health & Disability>Health insurance
  • Session 179: What Do I Need to Know if I'm Not Implementing PBR?
    period • Requirements apply to both reinsurers and direct writers • Requirements are prescribed in Section ... Starting assets at each valuation date use the ‘direct iteration’ approach  The cohort is assumed to ...

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    • Date: Mar 2020
    • Competency: External Forces & Industry Knowledge
    • Topics: Actuarial Profession; Actuarial Profession>Standards of practice; Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting
  • The Financial Reporter, September 2017, Issue 110
    case of a reinsurer providing experi- ence to a direct writer to use in setting the mortality assumption ... based on credibility levels but should be used with care. The width of the distribution of reinsurer experience ...

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    • Authors: Society of Actuaries
    • Date: Sep 2017
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Fair value accounting; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Financial Reporting & Accounting>International Financial Reporting Standards [IFRS]; Financial Reporting & Accounting>Statutory accounting; Financial Reporting & Accounting>Tax accounting
  • New Products Accounting Alternatives
    management and mortality experience. Using these as the primary basis for profit recognition results in earnings ... Recommendation and Interpretation 1-1, which was a direct result of the AICPA/Academy task force dealing ...

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    • Authors: Bruce Bengtson, William J Schreiner, Edward Silins, Michael M Sonderby
    • Date: May 1985
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Individual annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Life Insurance
  • Has The National Association Of Insurance Commissioners 'NAIC' Annual Statement Blank Outlived Its Usefulness?
    that management is adhering to the standards of care and prudence in the management of funds entrusted ... regulatory action... The key elements of the system direct the bulk of the effort where it is most likely ...

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    • Authors: Angelica Michail, Anthony F Crocker, Hugh J McFarland, John O Montgomery, Gary K Ransom, Walter Rugland, William J Schreiner, Richard H Snader, William D Ward
    • Date: May 1985
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Appointed Actuary Forum
    it's not possible to review everything, they don't care; they want you to do that. They want you to do it ... submitted with your memorandum. Those are the primary hot buttons. As I said, it is a draft. How it will ...

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    • Authors: Stephen Marco, Meredith Ratajczak, David A Ricci
    • Date: Sep 2003
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Regulatory Update for 2013
    PBR a. Non-variable annuities and long-term care (VM22 and VM25, respectively)—No firm proposals ... the primary demand for PBR and reserve reductions. Also, these products seem to be the primary products ...

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    • Authors: Norman E Hill
    • Date: Mar 2014
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Solvency Standards For Life Companies In The United States, Canada, And The United Kingdom
    gone quasi-publlc and pay less attention to the primary entitle- ment of the investor than to the political ... to make good any deficiency of assets; or he may direct the Superintendent to take control of the company's ...

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    • Authors: Richard Humphrys, Edward A. Lew, Ronald S Skerman
    • Date: Apr 1976
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Global Perspectives
  • Regulatory Update
    proposed that will have great impor- tance to both direct writers and reinsurers alike. High on the list ... reserves calculated using the Actuarial Method (“Primary Assets”) would be cash and SVO listed securities ...

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    • Authors: Jeremy Starr
    • Date: Aug 2014
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Reinsurance News
    • Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Financial Reporting & Accounting>International Financial Reporting Standards [IFRS]; Financial Reporting & Accounting>Statutory accounting; Public Policy
  • The Future Outlook For Stock Company Profitability And Mutual Company Surplus Position
    might be able to support the policyholders of the primary ccrmpany. Nevertheless, it appears that the mutual ... expected claims on disability income and medical care coverages are insignificant relative to other risks ...

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    • Authors: Donald D Cody, Dale Hagstrom, Richard S Robertson
    • Date: Apr 1982
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting