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  • Purchase GAAP for Equity-Indexed Annuities
    derivatives at issue. This guidance is very helpful for direct writers because the basis of the hybrid contract ... being comparable with the practice used by the direct writer, reinsurance premium can be used as the ...

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    • Authors: Vincent Y Y Tsang
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • June 2016 Financial Reporter
    most recently calculated k factor. There are two primary reasons why the amortization schedule would have ... than 5 percent. Bühlmann method can use the direct approximation for- mula for Z provided in VM-20 ...

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    • Authors: Society of Actuaries
    • Date: Jun 2016
    • Publication Name: The Financial Reporter
  • Financial Reporter - March 2013
    independence when the model owner also acts as a primary validator. Segregation of duties is of particular ... dictions that represent at least 75 percent of direct premiums to adopt the new Standard Valuation Law ...

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    • Authors: Society of Actuaries
    • Date: Mar 2013
    • Publication Name: The Financial Reporter
  • The Relationship of Mortality Projections and the Underlying Mortality Tables Used
    and ultimate mortality table should be especially care- ful in setting their mortality assumptions. If ... of fluid- tested underwriting). Many companies (direct writers, as well as reinsurers) have reduced profit ...

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    • Authors: Larry Warren
    • Date: Sep 2002
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: The Financial Reporter
    • Topics: Experience Studies & Data>Mortality; Life Insurance>Pricing - Life Insurance
  • ULSG AG38 Valuation Research Report
    the Go By James Miles 32 “Fragile, Handle with Care” By Ross Zilber 34 Assumption Development and ... additional reserves were required when applying the primary reserve methodology of Section 8D to their in-force ...

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    • Authors: Craig Roberts
    • Date: Jun 2013
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: The Financial Reporter
    • Topics: Annuities>Reserves - Annuities; Financial Reporting & Accounting>Statutory accounting
  • Using Relevant Experience Data to Increase Credibility and Reduce Margins
    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: Marianne C Purushotham, Mark Birdsall
    • Date: Sep 2017
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Financial Reporter
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Risk measurement - ERM; Experience Studies & Data>Mortality; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance
  • An Update on International Accounting Standards for Insurance
    these develop- ments. The IAA now serves as the primary voice of the actuarial profession on international ... contracts where payment is in services (e.g., managed care organizations), and a number of other types of ...

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    • Authors: Bruce Moore
    • Date: Jun 2000
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting
  • The Home Stretch
    fixed-fee service contracts that have as their primary purpose the provision of services. The boards ... related to successful acquisition efforts; and b) direct costs that are related to the acquisition of a ...

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    • Authors: Henry Siegel
    • Date: Jun 2011
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting
  • PBR, How Shall I Examine Thee? Let Me Count the Ways
    for each policy is output from the system. The primary tasks involved in auditing or examining such a ... high-risk area because it has not histori- cally been a direct component of financial reporting, at least for ...

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    • Authors: Patricia Matson, Andrew Rarus, Leslie Jones
    • Date: Sep 2017
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • The Financial Reporter
    at 212.773.2329 or tara.hansen@ey.com The primary implementation issue related to both risk and service ... are to be expensed when incurred, as they play no direct role in deter- mining current exit value. Discretionary ...

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    • Authors: Mark Freedman, Carol A Marler, Paul Margus, Henry Siegel, Leonard Reback, Darin Zimmerman, Vadim Zinkovsky, Tara J P Hansen, Tina Getachew
    • Date: Dec 2007
    • Publication Name: The Financial Reporter