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NAIC PBR Valuation Manual - Dec. 3, 2012
jurisdictions totaling greater than 75% of the relevant direct premiums written. Information and issues with ... accelerated benefit for long-term care must include cash flows from the long-term care benefit in determining ...- Date: Jan 2013
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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Discussion of Preceding Paper - The New Standard Ordinary Mortality Table
problem in which neither he nor his company had any direct interest at the time. His concise description ... table intended for insurance use should bear any direct relationship to a population mortality table.- Authors: Norman F Buck, Morton D Miller, W Harold Bittel, Allen L. Mayerson, Alfred N Guertin, Application Administrator
- Date: Mar 1957
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Experience Studies & Data>Mortality; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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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 ...- 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
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Claim Reserves
or the intro- duction of a new national health care, Social Security, or other disability scheme such ... both the inflation due to rising costs of hospital care and inflation reflected in larger size policy benefits ...- Authors: Rafal J Balcarek, Walter J Fitzgibbon, Peter L Hutchings, Spencer Koppel, Herbert Orenshein
- Date: Apr 1978
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability>Health insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Claims - Life Insurance; Public Policy
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Estimating Incurred But Not Reported Life Claims
considerations above can be applied to either the direct, ceded or net liability individually. However, ... necessary to calculate the vari- ance separately for direct, ceded and net. The point is that variances do ...- 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
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An Approach For Measurement of the Fair Value of Insurance Contracts
participants would use different assumptions. The primary difference between level 2 and level 3 inputs ... the original writer of the contract retains the primary obligation to the policyholder. For example, if ...- Authors: Sam Gutterman, Larry Rubin, David C Scheinerman, David Rogers
- Date: May 2007
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Actuarial Practice Forum
- Topics: Financial Reporting & Accounting>Fair value accounting; Life Insurance>Reserves - Life Insurance
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Life Insurance in Vietnam
interest rates. Figure 1 shows the movement of the primary auction rates of government bonds. Please note ... month. Figure 1 Vietnam Recent Government Bond Primary Auction Rates 0.00% 1.00% 2.00% 3.00% 4.00% ...- Authors: Albert Li
- Date: May 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance
- Publication Name: International News
- Topics: Financial Reporting & Accounting>Statutory accounting; Global Perspectives; Life Insurance>Reserves - Life Insurance; Life Insurance>Capital - Life Insurance
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DIGEST OF INFORMAL DISCUSSIONS
Keffer's remarks. He went on to point out the primary function of a valuation mortality table, ~,ig ... companies are willing to pay out considerably more in direct costs such as commissions, taxes, and mortality ...- Authors: Society of Actuaries
- Date: Jun 1958
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance
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New and Proposed Valuation and Nonforfeiture Standards for Individual Insurance
Hartford. It is now moving forward to the NAIC. The primary changes from the ACLI version were generated out ... reserve requirements were not dealt with on a more direct basis. It would appear to me that the only justi- ...- Authors: Richard S Miller, Paul E Sarnoff, Jack M Turnquist
- Date: Oct 1980
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Non-forfeiture benefits
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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 ...- 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