Description: This article describes how to apply the XXX Model Regulation in valuing life insurance policies and the proposed Actuarial Standard of Practice ASOP related the regulation.

Description: An update on the principle-based reserves (PBR) process and possible valuation manual adoption, with recommendations to actuaries on how to prepare.

Description: The article discusses recently-issued regulations under section 807 of the Internal Revenue Code, concerning the computation and reporting of reserves. The provisions addressed generally relate to the Tax Cuts and Jobs Act of 2017.

Description: In this article, we explore key insights from Oliver Wyman's 2020 Life PBR Emerging Practices Survey, which provides a broad industry perspective with more than 50 companies participating representing 95 percent of the individual life market (by written premium). Insights include the impact of PBR on reserves and profitability in addition to emerging practices related to product design, assumption development, and methodology decisions.

Description: A recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: This is a panel discussion on new and proposed valuation and non-forfeiture standards for individual life insurance including dynamic interest rates, new mortality tables and actuarial opinions.

Description: Mortality improvement rates for AG38 for 2017.

Description: This paper discusses and provides the 1958 CSO and CET Mortality Tables on the Age Last Birthday Basis.

Description: Description of results from a survey of 35 insurance companies on the impact of proposed principle-based reserves for life insurance products.

Description: Changes to AG 43 and what that might mean for tax purposes. Also, summary of IRS Notice 2016-63 (provides safe harbor tax guidance on use of 2017 CSO tables).