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Governance of Principle-Based Reserves
The concept of governance may seem nebulous, so let’s define it at a more granular level. It consists of ... roles for actuaries, their management and the company’s Board of Directors to oversee the PBR process. Controls: ...- Authors: Robert Leach
- Date: Sep 2023
- Competency: Professional Values
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting; Public Policy; Public Policy
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The Natural Reserve Controversy - A British View
the absence of legislative action) the benefit table is periodically increased in step with the Consumer ... for ordinary business, no prescribed tables of mortality or other constraints operate. In North America ...- Authors: Anthony P Limb
- Date: Sep 1972
- Competency: External Forces & Industry Knowledge>Internal forces and business performance; Professional Values; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession; Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting