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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 ...- Authors: Patricia Matson, Application Administrator
- Date: Jun 2011
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Enterprise Risk Management
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The Financial Reporter, June 2018, Issue 113
Application of Asset Adequacy Testing to Long- Term Care Insurance Reserves (AG 51)” be incorporated and ... reserving standards for short- term and long- term care policies. Also, there are complexities that are ...- Authors: Society of Actuaries
- Date: Jun 2018
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Fair value accounting; 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; Financial Reporting & Accounting>Tax accounting
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The Financial Reporter
systems, especially statutory, were planned with such care and forethought. We have long dealt with statutory ... been called the “fixed goodwill” method. Ordinary direct methods (such as the EITF method, see [5] pg. 390-391) ...- Authors: Michael Eckman, David C Heavilin, Thomas Nace, David C Scheinerman, Raymond Ted Schlude, Joseph Koltisko, Steven F Grondin, Mary S Saslow
- Date: Sep 2001
- Publication Name: The Financial Reporter
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PBA Corner
enacted by states representing 75 percent of the direct premium written in 2008 and same or similar legislation ... (using the LATF adoption version of mortality) on a direct basis for ULSG is -3 percent to -15 percent with ...- Authors: Karen Rudolph
- Date: Jan 2013
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Results-Oriented Solutions>Actionable recommendations
- Publication Name: The Financial Reporter
- Topics: Annuities>Reserves - Annuities; Life Insurance>Secondary guarantees; Life Insurance>Universal life
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The Financial Reporter
case, the difference between accounting for the direct contract and the ceded contract under different ... insurance company could elect to account for both the direct universal life contract and the ceded reinsurance ...- Authors: Richard H Browne, Arnold Dicke, Dennis Lauzon, David L White, Steven Siegel, Donald Solow, Leonard Reback, Darin Zimmerman
- Date: Dec 2006
- Publication Name: The Financial Reporter
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The Financial Reporter – Issue No. 75 – December 2008
discussion of the survey results. One of the primary roles of the Section Council is to provide continuing ... provide service to our Section members. Another primary function of the Section Council is to fund and ...- Authors: Society of Actuaries
- Date: Dec 2008
- Publication Name: The Financial Reporter
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Regulators Respond to Industry “Innovation” Through Guideline AXXX
combined reserve of the direct writer and the second company be that which the direct writer would have held ... and based on the entire level-premium period. The direct writing company may take reserve credits only if ...- Authors: Mary J Bahna-Nolan
- Date: Sep 2002
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: The Financial Reporter
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
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The Financial Reporter, June 2001
statutory accounting, and expense analysis. The primary purpose of the seminar is to provide state- specific ... Academy’s Life and Health Qualifications Seminar “The primary purpose of the seminar is to provide state- specific ...- Authors: Society of Actuaries
- Date: Jun 2001
- Publication Name: The Financial Reporter
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Blazing the Path for a Unified Valuation System
and uncertainties across product lines, between primary and secondary benefits, and in reserving for multiple ... product, a group major medical block and a long-term care product. The term life example was presented at ...- Authors: David Sandberg
- Date: Jun 2000
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting
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VA Reserve and Capital Reform: Overview and Update
several areas for which revisions require further primary research. Resources during QIS2 have been earmarked ... refinements from Cycles I/II) Additionally, primary research and steps to support implementa- tion ...- Authors: Aaron Sarfatti
- Date: Jun 2017
- Competency: Leadership>Change management
- Publication Name: The Financial Reporter
- Topics: Annuities>Capital - Annuities