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  • Regulatory Update
    Regulatory Update Describes the changes in insurance regulation on both an international and ... the current standard for insurance accounting (IFRS 4) which in substance says that your home country’s ...

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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
  • Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project                           Part I: Context
    Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project    ... ASU 2018-12). [4] This quotation is from paragraph 17 of Appendix G of the AICPA’s Life and Health Insurance ...

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    • Authors: Rowen Bell
    • Date: Aug 2021
    • Competency: External Forces & Industry Knowledge
    • Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Health & Disability; Health & Disability>Health insurance
  • US GAAP for Life Insurers
    Best-Estimate Basis (1) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) Policy Projected ... Investment income, (15)t = (10)t × [(14)t – (16)t – (17)t – (18)t – (19)t + (22)1 + ... + (22)t–1] – {[1 ...

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    • Authors: Society of Actuaries
    • Date: Jan 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • US GAAP for Life Insurers
    US GAAP for Life Insurers US GAAP for Life Insurers chapter ... (9) (10) (11) (12) (13) (14) (15) (16) (17) GAAP Pre-tax ... 0 24,769 0.001862 12.50% 0.126862 11.3613 17 116.1 19,792 495 4,081 (915) 0 24 ...

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    • Authors: Society of Actuaries
    • Date: Jan 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • US GAAP for Life Insurers
    US GAAP for ... of Annuitization Liability (14) (15) (16) (17) (18) (19) (20) Policy Election Cost Expense ... ($10.00) × (3)t. (17) (6) × (3) × ((0.0575 / 0.045) – 1). (18) (16) + (17). (19) (18) / (1 ...

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    • Authors: Society of Actuaries
    • Date: Jan 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • US GAAP for Life Insurers
    US GAAP for Life Insurers ... (9) (10) (11) (12) (13) (14) (15) (16) (17) t Loads SC rate Total Chrgs RQD(t) mort ... 00000 0.00000 46.82 30.06 96.2802572516 17 30.00 0.00 165.0000 1.000 34.425 34.425 1 ...

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    • Authors: Society of Actuaries
    • Date: Jan 2006
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Adopting U.S. GAAP Accounting for Pre-Need Plans
    failure of several compa- nies. Table 1 on page 17 shows a summary of the pre-need sales from 1994 until ... months of 2002, are shown in the tables on pages 17 and 18. U.S. GAAP Accounting Products sold by life ...

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    • Authors: Frank Buck
    • Date: Feb 2003
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: International News
    • Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Amortizing Acquisition Expenses in Proportion to Premium Revenues
    Amortizing Acquisition ... 797 15 . . . . . . 0.790 16 . . . . . . 0.782 17 . . . . . . 0.775 18 . . . . . . 0.769 19 . ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 INPUT 110% LAPSE ...

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    • Authors: Mark Evans
    • Date: Oct 1988
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Expenses - Life Insurance
  • Where Have All The Earnings Gone?
    Where Have All The ... Issue Block Excess of sfnlrrfor) CAAP -43 11 17 9 16 8 15 7 14 6 13 5 12 4. 11 3 10 2 9 2 ... Over CA;lP -54, 8 8 3 8 8 8 8 8 7 - 17 Next, it is assumed that business is- sued in ...

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    • Authors: George L Hogeman
    • Date: Feb 1974
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Actuary Magazine
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
  • Purchase Accounting: To Defer or Not to Defer?
    Purchase Accounting: To Defer or Not to Defer? This article addresses a specific PGAAP issue companies have faced recently ... 156 194 234 276 321 367 17 17 17 17 17 17 17 17 17 GAAP Guidance on Deferrals FAS ...

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    • Authors: Julie Curry
    • Date: Oct 1999
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]