1
-
37
of
37
results (0.84 seconds)
Sort By:
-
Development of a Simulation-based Model to Quantify the Degree of a Bank’s Liquidity Risk
Development ... important to measure dynamic liquidity gaps. Liquidity gaps that are dynamic add the projected new ... accuracy of this model, it’s important to measure dynamic liquidity gaps.” 26 In conclusion ...- Authors: Sadi Bin Asad Farooqui
- Date: Mar 2011
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Enterprise Risk Management; Global Perspectives; Modeling & Statistical Methods>Stochastic models; Public Policy
-
Risk Accounting: A Next Generation Risk Management System for Financial Institutions
outcome. Without a measure of risk exposure, and a dynamic mechanism for seeing it build up, we cannot take ... Pillars of Financial Services Firms and the Risk Dynamic n∑VaR XRU- ∑VaR X ∑RU Correlation Coefficient ...- Authors: Peter Hughes, Application Administrator
- Date: Mar 2011
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Enterprise Risk Management; Public Policy
-
Market-Consistent Valuations of Life Insurance Business: The U.K. Experience
Market-Consistent Valuations of Life Insurance Business: The U.K. Experience U.K. life insurers ... upon the firm’s solvency; or that they adopt a dynamic investment strategy, e.g. changing their asset ...- Authors: Chris O'Brien
- Date: Jul 2007
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting; Modeling & Statistical Methods; Public Policy
-
Minimum Guaranteed Benefits on Variable Annuities
Minimum Guaranteed Benefits on Variable Annuities 2003 Valuation Actuary Symposium, San Diego, ... in years 10 and forward. It assumes dynamic lapses. A dynamic lapse multiplier times the base rate is ...- Authors: James W Lamson, John M O'Sullivan, Timothy Hill
- Date: Sep 2003
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Annuities>Reserves - Annuities; Annuities>Variable annuities; Public Policy
-
Hedging and Other Mitigation Techniques
different products, different benefits and different dynamic lapse assumptions, for example. Then I'll talk ... a ratchet design. We'll talk about static and dynamic lapses and how that can influence the capital ...- Authors: Michael J O'Connor, George Christopher
- Date: Sep 2003
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Standards of practice; Public Policy
-
Appointed Actuary Forum
different requirements for how close my static and dynamic validations would have to come before I had confidence ... was replaced with something a little bit more dynamic. I hate to see what that would be offhand, but ...- Authors: Stephen Marco, Meredith Ratajczak, David A Ricci
- Date: Sep 2003
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
-
Approaches to Underwriting Disability Insurance
Approaches to Underwriting Disability Insurance 1999 SOA Annual Meeting, San Francisco. This ... is constant improvement. It's just a wonderful dynamic. Every company should be set up that way. Approaches ...- Authors: Robert Beal, Anne Mitchell, Carl Amick, Scott Haglund
- Date: Oct 1999
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability>Disability insurance; Public Policy
-
Small Company Issues
Small Company Issues 1999 Valuation Actuary Symposium, Los Angeles. This session discussed ... they’re talking about, in which you’re going to do a dynamic financial analysis, you’re probably going to have ...- Authors: Charles K Chacosky, Paul J Sulek, Douglas Knowling, Rodney Keefer, Brett E Morris
- Date: Sep 1999
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
-
Equity-Indexed Products - Financial Issues
adjustment to a crediting method, and it changes the dynamic of the pricing on the total return equation in ... challenge that in a minute.” Or you can implement dynamic hedging. That approach is designed to purchase ...- Authors: Barbara Snyder, Francis Sabatini, Douglas A George, Kevin F Leavey
- Date: Sep 1999
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Annuities>Equity-indexed annuities; Life Insurance; Public Policy
-
Value-At-Risk, Risk-Based Surplus, and C-3 Risk-Based Capital
good bridge between valuation actuary testing and dynamic financial condition analysis. National Life, ... many other companies, has a bit of work to do on dynamic financial condition analysis, but i think risk-based ...- Authors: Michael J Hambro, Alastair G Longley-Cook, David Sandberg, Douglas A George
- Date: Jan 1998
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Modeling & Statistical Methods; Public Policy
-
Ask The Experts
dramatically. The dynamic formulas that a lot of companies are using are probably not dynamic enough or they ... the issues that we have discussed, like the dynamic lapse assumption, policyholder behavior, and many ...- Authors: David N Becker, Donna Claire, Craig R Raymond, Stephen A J Sedlak
- Date: Jan 1998
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy
-
New UVL Update
New UVL Update 1998 Valuation Actuary Symposium. The panelists provided background about the Unified ... appointed actuary would have to certify that a dynamic financial condition analysis (DFCA) report, had ...- Authors: Arnold Dicke, Meredith Ratajczak, Robert Wilcox
- Date: Jan 1998
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
-
Equity-Indexed Product Management
assume that lapses are 2°/'0 a year. There are no dynamic assumptions on lapses at this point. This illustrates ... our product, that would be fine. We're doing a dynamic hedging program. The problem is the time steps ...- Authors: Michael J Hambro, Jean-François Poulin, Craig Fowler
- Date: Jan 1998
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Annuities>Equity-indexed annuities; Financial Reporting & Accounting>Statutory accounting; Public Policy
-
Dynamic Financial Condition Analysis Update
Dynamic Financial Condition Analysis Update 1998 Valuation Actuary Symposium. Dynamic Financial ...- Authors: Michael Eckman, James Reiskytl, Craig Reynolds, Norman J Zwitter
- Date: Jan 1998
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
-
Risk-Based Capital According to the National Association of Insurance Commissioners 'NAIC'
Risk-Based Capital According to the National Association of Insurance Commissioners 'NAIC' ... health insurance. Mr. Wilcox: If we went to do dynamic solvency analysis across the board, then we could ...- Authors: Application Administrator, Steven Lippai, Donna C Novak, Robert Wilcox
- Date: Oct 1996
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Enterprise Risk Management>Capital management - ERM; Health & Disability>Health insurance; Public Policy
-
Introduction and Overview - 1996 VALUATION ACTUARY SYMPOSIUM
Introduction and Overview - 1996 VALUATION ACTUARY SYMPOSIUM 1996 VALUATION ACTUARY SYMPOSIUM. ... coauthored several papers on cash-flow testing, dynamic solvency testing, and valuation issues and has ...- Authors: Thomas C Foley, Donna Claire, Steven A Smith
- Date: Jan 1996
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting; Public Policy
-
Regulatory Expectations from Asset Adequacy Analysis
Regulatory Expectations from Asset Adequacy Analysis 1996 Valuation Actuary Symposium. ... acceptable methodology would be the Practice Notes; the Dynamic Financial Condition Analysis (DCFA) Handbook; ...- Authors: Frank P Dino, Donna Claire, Wm Harold Phillips, Bruce D Sartain
- Date: Jan 1996
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments; Public Policy
-
Asset Prepayment Assumptions
and prepayment assumptions is designed to be a dynamic process, under the control of insurance regulators ... back, learned more, and captured the historic dynamic better. Again, one of the things we wanted to do ...- Authors: Randall Boushek, Catherine Ehrlich, Stephen Reddy, Steve W Abrahams
- Date: May 1995
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Portfolio management - Finance & Investments; Public Policy
-
Small Company Issues
Small Company Issues 1995 Valuation Actuary Symposium. In this session about small company issues, ... features that you can use for software; one is dynamic solvency testing. This is currently required ...- Authors: A Hemphill, John M O'Sullivan, James Thompson, John Dawson
- Date: Jan 1995
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments; Public Policy
-
Appointed Actuaries Around the World
ACTUARIES AROUND THE WORLD My second point concerns dynamic solvency testing. Neither the regulation nor the ... professional guidelines currently lay down any basis for dynamic solvency testing, although there is a common basis ...- Authors: Chiu-Cheng Chang, W Paul McCrossan, Harry R Miller, Richard Harvey
- Date: Apr 1994
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Global Perspectives; Public Policy
-
The Valuation Actuary - An Overview of 1993 Developments
rehabilitation. Given the types of interest sensitive and dynamic products currently being offered, it is important ... plan of operation. The Society of Actuaries Dynamic Solvency Task Force was commissioned by the Board ...- Authors: Application Administrator, Frank P Dino, Donna Claire, Richard S Miller
- Date: Sep 1993
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Best practices; Public Policy; Reinsurance
-
Cash-Flow Testing as a Management Tool
we also have new a standard of practice about dynamic solvency testing. This is the traditional job, ... for Adverse Deviation) 1985-88 • CIA DST Paper (Dynamic Solvency Testing) (Threats to 1989-91 solvency ...- Authors: Donald Behan, Yvon Charest, Susan Kimball
- Date: Jun 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy
-
New Standard Valuation Law SVL
New Standard Valuation Law SVL 1993 SOA Spring Meeting, Boston. In this session the panelists ... companieswent to interest sensitive products, the dynamic valuation standards that were in use during the ...- Authors: Paul Bell, Daniel J Kunesh, Karen MacDonald, James N Gorsline
- Date: May 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
-
Cash-Flow Testing as a Management Tool
Therefore, management needs dynamic solvency testing as well. Dynamic solvency testing is currently ... publication of the CIA called "Standard of Practice on Dynamic Solvency Testing for Life Insurance Companies," ...- Authors: Frank Buck, Kenneth W Hartwell, Donna Claire, Gregory S Juneja, Michael A Reardon
- Date: May 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy
-
Valuation Actuary Overview - The New Statutory Valuation Opinion
Practicalconsiderations of cash-flow testing - Preparation - Dynamic assumptions - C-1 and C-2 assumptions - Modelingtechniquesand ... bear some resemblance to reality. There are also dynamic assumptions that we need to make. We might have ...- Authors: Douglas Doll, Deborah A Gero, Abraham Gootzeit, Marc Pitoniak
- Date: Oct 1992
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Life Insurance>Reserves - Life Insurance; Public Policy
-
Repricing the In-Force Book of Business
Repricing the In-Force Book of Business 1992 SOA Annual Meeting, Washington, D.C. This session ... against the competition. There is no shortage of dynamic lapse formulas out there, thanks to Regulation ...- Authors: Albert Easton, Selig Ehrlich, Donna Claire
- Date: Oct 1992
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Public Policy
-
Cash-Flow Testing for Product Actuaries
spread to an envisioned liability with certain dynamic features. The question that needs to be answered ... generated yield curves. The models simulate the dynamic cash flow behavior and values of financial vehicles ...- Authors: David N Becker, Application Administrator, Donna Claire, Martin Klein, Anne Katcher
- Date: Oct 1992
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Finance & Investments>Investment strategy - Finance & Investments; Public Policy
-
Evaluating Adequacy of Capital
Evaluating Adequacy of Capital 1992 SOA Regional Meeting, Anaheim. In this panel discussion ... the investment world, of which it is a part, are dynamic and ever changing, you really can't have a static ...- Authors: Frank S Irish, Gregory D Jacobs, Cande Olsen, David P Wells
- Date: Jun 1992
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments; Life Insurance>Reserves - Life Insurance; Public Policy
-
C-3 Risk and Liability Hedging
range of possible outcomes. d. There are many dynamic assumptions and relationships between asset cash ... reasonable and comprehensive in nature. The choice of dynamic assumptions for both asset and liability cash ...- Authors: William Britton, Douglas Doll
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life; Life Insurance>Whole life; Public Policy
-
Interrelationship Between Statutory Formula Reserves and Valuation Actuary Reserves
Interrelationship Between Statutory Formula Reserves and Valuation Actuary Reserves 1988 ... reserves needed? I don't think the writers of the dynamic valuation law contemplated structured settlements ...- Authors: Steven A Smith
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Annuities>Reserves - Annuities; Public Policy
-
Are Actuarial Opinions Worth the Effort?
interest-sensitive type issued later than 1982 (or after the dynamic valuation law). The rewrite of Regulation 126 ... The rewrite states more specifically that a dynamic lapse formula should be used where applicable ...- Authors: Donna Claire
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Public Policy
-
Solvency Standards in Canada
Solvency ... lvency Standards are , on the o ther hand, dynamic and very much concerned with fu ture so ... We are concerned with cont inuing solvency, a dynamic phenomenon. The test being proposed by the ...- Authors: Allan Brender, Robert Howard, David R Johnston
- Date: Jan 1987
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Modeling & Statistical Methods; Public Policy
-
Nonforfeiture and Valuation Concerns in the 1980's
membership is basically in two parts: One part is the dynamic interest rate and the other part is deemed or conjecturized ... the ACLI release of M_rch 21 which includes the dynamic proposal as well. NONFORFEITURE AND VALUATION ...- Authors: John C Angle, Ardian Gill, Richard S Miller, William K. Nicol
- Date: Apr 1980
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance; Public Policy
-
Future Trends and Current Developments in Individual Life Products
Future Trends and Current Developments in Individual Life Products This 1979 session is about current ... Non-par approach b. Is the current par product dynamic enough? 2. Universal Life concepts 3. Indexed ...- Authors: David R Carpenter, Spencer Koppel, Alan W Sibigtroth, John E Tiller
- Date: Oct 1979
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Term life; Life Insurance>Universal life; Public Policy
-
New Valuation Mortality Tables for Individual Life Insurance
New Valuation Mortality Tables for Individual Life Insurance This 1979 session is about the New Valuation ... TABLES 1309 billion on both a dynamic and static basis. The dynamic basis assumed a 10% increase in ...- Authors: Joseph C Sibigtroth, C David Silletto, Charles A. Ormsby, William K. Nicol
- Date: Oct 1979
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
-
New Actuarial Standards for Insurance Company Reporting in Canada
New Actuarial Standards for Insurance Company Reporting in Canada This 1978 panel ... examples. First, there is increased interest in a dynamic statutory valuation system, one which would automatically ...- Authors: Kenneth T Clark, Daniel J Kunesh, Robin B Leckie, Michael Rosenfelder
- Date: May 1978
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Public Policy
-
Implications of Proposed Revisions of the Standard Valuation and Nonforfeiture Laws
standards. Very briefly, the proposal is for a dynamic valuation structure, where the maximum interest ... certain basic principles for implementing the dynamic valuation proposal. One subtlety is not covered ...- Authors: Robert M Chmely, Charles Greeley, Richard Minck, John O Montgomery
- Date: Oct 1977
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Reserves - Annuities; Life Insurance>Reserves - Life Insurance; Pensions & Retirement; Pensions & Retirement>Pension legislation and regulation; Public Policy