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  • 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
  • Dynamic Assumption-Setting for Variable and Non-Variable Annuities
    significant impact in the presence of the GLWB. Care must be taken in inter- preting these data for VAs ... higher than the cor- responding rates in Exhibit 3. Care must be taken in modeling contracts in this benefit ...

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    • Authors: Mark Birdsall, Marianne C Purushotham
    • Date: Sep 2015
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Financial Reporter
    • Topics: Annuities>Policyholder behavior - Annuities; Annuities>Variable annuities
  • The Financial Reporter
    may be conceptually viewed as consisting of four primary components: (1) unamortized deferred acquisition ... pricing for substan- dard mortality and long-term care pricing would involve condition C, and so on. In ...

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    • Authors: Application Administrator, Jerry Enoch, Larry M Gorski, Jeyaraj Vadiveloo, Laura J Hay, John F Bevacqua, Scott E Wright, Keith Terry
    • Date: Mar 2003
    • Publication Name: The Financial Reporter
  • Actuarial Aspects of SOX 404
    whether the processes are con- nected with the direct production of financial results. Some have also ... taking corrective action As the PCOAB stated, “the primary benefit of an effective internal control structure… ...

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    • Authors: Richard H Browne, Laura J Hay
    • Date: Dec 2004
    • Competency: Communication; Communication>Difficult message delivery; External Forces & Industry Knowledge>External forces and business performance; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: The Financial Reporter
    • Topics: Actuarial Profession>Standards of practice; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Financial Reporting & Accounting
  • The Financial Reporter June 2008 Issue No. 73
    own credit risk. Duran introduced an additional direct method for computing FVL and has also addressed ... appropriate risk margin that can be used with a direct meth- od (which would be preferred by most accounting ...

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    • Authors: Society of Actuaries
    • Date: Jun 2008
    • Publication Name: The Financial Reporter
  • Financial reporting September, 2016
    reserve true up—unlocking, additional accrual, and direct offset. Table 5 illustrates those components, with ... predictable effect is a direct result of the matching principle. Since the primary purpose of the reserve ...

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    • Authors: Society of Actuaries
    • Date: Sep 2016
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting
  • Financial Reporter
    same manner as the release of the corresponding direct single/ residual margin (i.e., in line with the ... same manner in which an insurer should evaluate a direct insurance contract. Of course, as noted, the two ...

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    • Authors: Society of Actuaries
    • Date: Sep 2012
    • Publication Name: The Financial Reporter
  • PBA Corner
    calls this amount of assets the Required Level of Primary Security, the calculation of which is based directly ... consisting of Primary Security in an amount at least at great as the Required Level of Primary Security ...

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    • Authors: Karen Rudolph
    • Date: Mar 2015
    • Publication Name: The Financial Reporter
  • Solvency II and U.S. Equivalence
    the European Parliament for consideration. The primary purpose of Omnibus II is to strengthen the supervision ... 2013– 2015. The timing of these assessments is being care- fully coordinated with plans for a transitional ...

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    • Authors: Patricia Matson, Application Administrator
    • Date: Jun 2011
    • Competency: External Forces & Industry Knowledge
    • Publication Name: The Financial Reporter
    • Topics: Enterprise Risk Management
  • What’s a Moderately Adverse Interest Rate Scenario, Anyway?
    scenario sets, specifically the NY7, remain the primary (and in many cases, the only) scenario sets used ... covered by the report and one should take extreme care in trying to apply these analyses or results in ...

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    • Authors: Mark Alberts
    • Date: Dec 2017
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Scenario generation