Description: The article provides an introduction to tax accounting for U.S. life insurance companies, with a focus on NAIC statutory accounting concepts. The author discusses permanent and temporary differences, the current tax provision, and deferred tax accounting requirements, including admissibility testing under SSAP No. 101.

Description: New York’s Regulation 126 effectively requires all companies doing business in New York to file an actuarial opinion and memorandum on their annuity and GIC business. This article attempts to answer 13 of the most commonly asked questions about this regulation.

Description: Presenters at this session of the SOA 1998 Maui I Spring Meeting discuss the trend among many mutual companies to restructure and look at the demutualization process outside of the U.S.

Description: This is the traditional life excel spreadsheet example from this presentation on GAAP for traditional products under FAS60. This was part of the U.S. GAAP & IFRS: Today and Tomorrow conference held in New York in September of 2010.

Description: This article presents and overview of the PBGC Actuarial Valuation Report from 2005. From Pension Section News, September 2006, No. 62.

Description: Like it or not, variable annuity (VA) liabilities are inextricably linked with the equity markets. Generally, up markets reduce the excess benefit liability and increase fee income, while down markets increase the excess benefit liability and reduce fee income. Given the volatility, most VA writers will hedge to meet their needs. In this session, the presenters will discuss the need for hedging, regulatory requirements and how companies ultimately determine their hedging strategies.

Description: Table of Contents for the 1991 Valuation Actuary Symposium Proceedings.

Description: Table of Contents for the 1992 Valuation Actuary Symposium.

Description: A description of current council member areas of responsibility, Life & Annuity Symposium sessions to be sponsored, and other future projects.

Description: This 1978 panel discussion was on new actuarial standards for in Canada. Topics covered included: 1. The flexibility afforded the Canadian Valuation Actuary under the new Insurance Acts. 2. A comparison to the current GAAP and statutory reporting requirements in the U.S. and to the reporting requirements in the United Kingdom.