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U.S. GAAP Update
generator does have an impact on reserves. Dynamic policyholder behavior is often ignored. I didn't ... manual controls. Tomorrow they've got to be more dynamic controls. Instead of being owned by what we call ...- Authors: Richard Farrell, Steven H Mahan, David White
- Date: May 2005
- Competency: External Forces & Industry Knowledge; Professional Values>Practice expertise
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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Implementation of SOP 03-1
Implementation of SOP 03-1 10 What about dynamic policyholder behavior? At this point, once again ... running. We'll worry about other things later on. Dynamic policyholder was one of those areas that tended ...- Authors: Richard Farrell, Kevin L Kehn
- Date: Jan 2005
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]
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Actuarial Appraisals - Process and Issues
called a static validation. There is also a dynamic validation, which calls for running the model for ... account when looking at a dynamic validation. But, in any event, dynamic validation is as important ...- Authors: Richard Farrell, James Hawke, R Thomas Herget
- Date: Jun 2004
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Embedded value; Modeling & Statistical Methods