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U.S. GAAP Update
think it is prudent for the actuary to consider a dynamic formula, because if you have a benefit that can ... it's probably going to require you to develop a dynamic formula that changes your election rate depending ...- Authors: Carol F Salomone, Darin Zimmerman, Patricia Matson
- Date: Jun 2004
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Reinsurance>Coinsurance
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Practical Issues Of Implementing The Draft SOP On Nontraditional Long-Duration Contracts
reevaluated with actual experience. It’s a type of dynamic unlocking. These changes in the additional liability ... before, this is kind of a FAS 60 approach with dynamic unlocking, and it is kind of a new concept. I ...- Authors: Robert Frasca, Carol F Salomone
- Date: Sep 2002
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]