Description: This article summarizes the results of the first part of a U.S. Appointed Actuaries survey asking about the usefulness of the various documents that have been created to guide valuation actuaries.

Description: Summarizes the Association of Insurance and Financial Analysts report on Life Insurance Earnings Adjustment, which was prompte by recognition of the need for a standard, reliable method for adjusting statutory earnings to provide a better indication of the true earnings of a life insurer.

Description: Statutory Statement of Accounting Principle SSAP No. 35 prescribes accounting for guarantee fund assessments and potential future premium tax credits against these assessments. This article discusses the deductibility of these assessments for federal income tax purposes, providing updates on recent court cases and regulatory guidance.

Description: A discussion of the effective dates and statutory reserves cap for variable annuities under Actuarial Guideline 43.

Description: This is a letter to the editor regarding the October 2014 Taxing Times supplement on the Camp proposals on the taxation of life insurance companies.

Description: Update on tax reform

Description: This article gives an overview of the NAIC codification project, which describes procedures and methods for compiling statutory financial statements. A number of accounting principles included in codification are described.

Description: The Actuarial Opinion and Memorandum Regulation states that the purpose of asset adequacy analysis is to certify that assets are adequate to cover reserves under “moderately adverse conditions.” This article discusses the determination of whether an interest yield scenario is moderately adverse or extreme.

Description: Chairperson's Report- summarizing education and research activities for 2016 focusing on regulatory change including PBR and

Description: The article highlights key considerations as companies begin to reserve for their IUL products under PBR.