Description: This article summarizes statutory reporting and the Pinciple-Based Initiative that the Academy, the industry and the regulators have been working on in the U.S. It addresses whether a principles-based approach will simplify reporting regulations and make them more flexible.

Description: Presented at May 2002 Spring Meeting. Discusses the status of the second phase of the AAA C-3 Risk project. This project is leading to an updated NAIC filing requirement and is a step toward fair value. The specific focus is on equity risk and bond funds in the distribution tails. Products covered include variable life and annuities.

Description: A Summary of the UVS Project by Dave Sandberg from The Financial Reporter, March 2001, Issue No. 45.

Description: The purpose of this research is to a) identify regulatory structures and influences in North America, b) provide examples that illustrate regulatory risk, and c) suggest mitigation ideas for both insurers and their regulators. The audiences for this paper are a) actuaries who must price policies, value policies, or manage capital, b) other insurance professionals who deal with operational risk, strategic risk, and capital planning, and c) regulators who protect the interests of policyholders and address the solvency of insurers.

Description: Full version of The Financial Reporter, Number 42, June 2000.

Description: Full version of The Financial Reporter, Issue 45, March 2001.

Description: This presentation is an Interactive Forum, session number 20IF, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss the American Academy’s Valuation Task Force and its committees working on the proposal to revise the Standard Valuation Law, referred to as the Unified Valuation Law [UVL], to update participants as to the status of the committees’ work. They provide a description of the activities currently taking place, and an update of where the revisions process stands and what the next steps are. The current system versus what is proposed are discussed, including concerns of regulators. Discussion from participants is included.

Description: The IAA Risk Book provides a set of high quality reference materials for use in managing the uncertainty of insurer risks.

Description: Presented at May 2002 Spring Meeting. Panelists identify the risks and risk-mitigating actions that an insurer can take. Approaches discussed include reinsurance, investment programs and offsetting risks in one product against those in others.

Description: Panelists in session 13PD of the 2005 Valuation Actuary Symposium provide a brief overview of the emerging standards for investment and insurance, followed by a more in-depth discussion of key issues and recent developments.