1
-
75
of
827
results (0.91 seconds)
Sort By:
-
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Exam
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Exam View the Fall 2021 Individual ... of premium Assume: • QRS has adopted Long-Duration Targeted Improvements (LDTI) for GAAP and has ...- Authors: Society of Actuaries
- Date: Dec 2021
-
Fall 2021 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study
Fall 2021 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study View ... Premiums for Long Duration Contracts $0 8 Reserve for Net Unearned Premiums for Long Duration Contracts ...- Authors: Society of Actuaries
- Date: Dec 2021
-
Solving Problems and Overcoming Obstacles in GAAP LDTI
Solving Problems and Overcoming Obstacles in GAAP LDTI In this session, the presenters ... discuss implementation challenges with US GAAP Long Duration Targeted Improvements (LDTI) for life and annuity ...- Authors: Scott Houghton, Bill Cember, Katherine Papillon-Rodrigue
- Date: Dec 2021
- Competency: Results-Oriented Solutions
- Topics: Annuities; Financial Reporting & Accounting; Life Insurance
-
Model Validation Under LDTI
Modeling & Statistical Methods, Podcasts, Long Duration Targeted Improvements (LDTI) will result in ... change in the reserving and DAC models for long duration products—significant modeling/assumption changes ...- Date: Nov 2021
-
Recent Motivations in Life Insurance Mergers and Acquisitions
Businesses across the board have been drastically impacted by the effects of COVID-19 over ... Financial Reporting Standards 17 (IFRS 17) and long-duration targeted improvements (LDTI) have changed the ...- Authors: Zeeshan Rehmani, David Alison FSA (David), Baudouin Richier
- Date: Nov 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Finance & Investments; Finance & Investments>Capital management - Finance & Investments; Life Insurance
-
Insights Into Life PBR Modeling Practices
Oliver Wyman recently completed its 2020 Life PBR Emerging Practices survey, with ... additional pressure on existing software (e.g., GAAP Long Duration Targeted Improvements or International Financial ...- Date: Nov 2021
-
GAAP Long-Duration Targeted Improvements: Whether Largely a Compliance or Modernization Exercise, the Considerations for the Modeling Actuary are Numerous
GAAP Long-Duration Targeted Improvements: Whether Largely a Compliance or Modernization Exercise, the ... “Targeted Improvements to the Accounting for Long-Duration Contracts” (LDTI) amends existing accounting ...- Date: Nov 2021
-
Actuarial Process Optimization—A Case for Using Modern Technology in Actuarial Domain
Actuarial Process Optimization is a framework for using technology to support the actuary of the ... Consider changes brought about by US GAAP Long-Duration Targeted Improvements and IFRS17 accounting ...- Date: Nov 2021
-
Economic Scenario Generators, Part III: In-depth ESG Case Study—Academy Interest Rate Generator
This article is the final installment of our three-part series on economic scenario generators ... reference maturities, such as 10-years for the long duration corporate fund and (2) apply a spread adjustment ...- Date: Nov 2021
-
Minding the MediGap: Modeling Considerations for a Complex Product
Discussion on modeling Medicare Supplement insurance and the considerations when choosing an Actuarial ... particularly with the ongoing transition to long duration targeted improvements (LDTI) standards. Med ...- Date: Nov 2021
-
Keep Up With the Standards: On ASOP 56, Modeling
A high-level review of the newly effective U.S. Actuarial Standard of Practice 56, ... in financial reporting, with IFRS 17 and the long-duration contracts targeted improvements from FASB. Predictive ...- Date: Nov 2021
-
Spring 2022 Individual Life and Annuities Life Financial Management, U.S Introductory Study Note
Spring 2022 Individual Life and Annuities Life Financial Management, U.S Introductory Study Note Spring ... Change Their Accounting and Disclosures for Long-Duration Contracts LFM-843-20 NAIC Life Insurance ...- Authors: Society of Actuaries
- Date: Nov 2021
-
Spring 2022 Individual Life and Annuities Life Financial Management, Canada Introductory Study Note
Spring 2022 Individual Life and Annuities Life Financial Management, Canada Introductory ... Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies LFM-652-20 ...- Authors: Society of Actuaries
- Date: Nov 2021
-
Spring 2022 Individual Life and Annuities Life Financial Management, Canada
Spring 2022 Individual Life and Annuities Life Financial Management, Canada Spring 2022 Individual ... Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies ...- Authors: Society of Actuaries
- Date: Nov 2021
-
Spring 2021 Individual Life and Annuities Life Financial Management, U.S
Spring 2021 Individual Life and Annuities Life Financial Management, U.S Spring 2021 ... Change their Accounting and Disclosures for Long-Duration Contracts, E&Y, Nov 2018 • LFM-848-22: A Comprehensive ...- Authors: Society of Actuaries
- Date: Nov 2021
-
Market Trends and Product Designs in a Rising Interest Rate Environment
this article is on current market trends for long-duration products —including life insurance, annuities ... the focus is on current market trends for long-duration products—including life insurance, annuities ...- Date: Oct 2021
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Annuities; Life Insurance; Life Insurance>Product development - Life Insurance
-
Impact of Climate Change on Investors
that are then backed with intermediate and long duration bonds. In some cases, these investors are ... important consideration for both investment and long duration liability strategy over the next 50 years ...- Authors: Max Rudolph
- Date: Oct 2021
- Competency: External Forces & Industry Knowledge
- Topics: Environment
-
The Impact of a Rising Interest Rate Environment on Life Insurance
The Impact of a Rising Interest Rate Environment on Life Insurance For over a decade, life insurers ... with high guaranteed crediting rates and/or long duration have been most impacted. As interest rates and ...- Authors: Alexander Tall , Jeff Raven, Jack Pizzo
- Date: Oct 2021
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Reinsurance News
- Topics: Life Insurance; Reinsurance
-
In Discussion with Charlie Shamieh, FIAA, Chairman, Gen Re
In Discussion with Charlie Shamieh, FIAA, Chairman, Gen Re Interview (Q&A) with Charlie ... CS: The low interest rate environment and long duration guarantees embedded in many of our life insurance ...- Authors: Sabine Denné
- Date: Oct 2021
- Competency: External Forces & Industry Knowledge; Professional Values; Strategic Insight and Integration
- Publication Name: Reinsurance News
- Topics: General Insurance (Property & Casualty); Reinsurance
-
Actuarial Process Optimization—A Case for Using Modern Technology in Actuarial Domain
Actuarial Process Optimization—A Case for Using Modern Technology in Actuarial Domain Actuarial Process ... Consider changes brought about by US GAAP Long-Duration Targeted Improvements and IFRS17 accounting ...- Authors: Alexander Zaidlin
- Date: Oct 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Technology Today
- Topics: Technology & Applications
-
Emerging Technologies and their Impact on Actuarial Science
Emerging Technologies and their Impact on Actuarial Science The Society of Actuaries ... International Financial Reporting Standards • LDTI – Long Duration Targeted Improvements • ML/AI – Machine Learning ...- Authors: Jean-Yves Rioux, Thomas C Smith, Marwah Khalid, Chenyi Liu, Prakash Rajgopal
- Date: Oct 2021
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession; Technology & Applications
-
2021-soe-ldti-forcasting
Hear about modernized reporting capabilities and technical analysis, which is enabled through ... data. The webcast will focus on a real post-Long Duration Targeted Improvements (LDTI) source of earnings ...- Authors: Alexandre Lemieux
- Date: Sep 2021
- Competency: Communication; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration
- Topics: Enterprise Risk Management; Experience Studies & Data; Financial Reporting & Accounting; Life Insurance; Predictive Analytics
-
Potential Impacts of Climate Change on U.S. Wildfire Risk by Mid Century
Potential Impacts of Climate Change on U.S. Wildfire Risk by Mid Century This report provides ... Casualty. This risk is especially problematic for long duration liabilities or assets. This paper is intended ...- Date: Sep 2021
- Competency: External Forces & Industry Knowledge
- Topics: Environment; Environment>Climate trends
-
Mind the GAAP and Non-GAAP
Mind the GAAP and Non-GAAP Importance of non-GAAP operating earnings By Robert Winawer, Yiqing ... hard to overstate the attention placed on GAAP long duration targeted improvements (LDTI) by the life and ...- Authors: Robert E Winawer
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
-
Asset and Liability Management Strategies: Managing Convexity Risk as Interest Rates Rise
Asset and Liability Management Strategies: Managing Convexity Risk as Interest Rates ... observations. Most life insurance products include: 1) long-duration liabilities with fixed-guarantee rates, and/or ...- Authors: Robert E Winawer, Seong Weon Park
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Risk Management
- Topics: Enterprise Risk Management>Capital management - ERM; Finance & Investments>Asset liability management
-
Free Continuing Education Resources for Modeling Section Members!
Free Continuing Education Resources for Modeling Section Members! As of September 2021, ... Implementation Series This four-part series covers the Long Duration Targeted Improvements (LDTI) project by GASB ...- Authors: Mary Campbell
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession; Modeling & Statistical Methods
-
2021 Life Meeting - Session 7B: Variable Annuity In-Force Management 9.1.21 Recording
Variable annuity (VA) writers are facing many challenges in today's economic environment. ... increasingly expensive to hedge. Both GAAP Long Duration Targeted Improvements and the recent VM-21 changes ...- Authors: Society of Actuaries
- Date: Sep 2021
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Annuities
-
Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project Part II: Conclusions
Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project ... “Targeted Improvements to the Accounting for Long-Duration Contracts,” and as a result a common acronym ...- Authors: Rowen Bell
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: Health Watch
- Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Health & Disability; Health & Disability>Health insurance
-
2021 Life Meeting - Session 6F: LDTI Impact Analysis – What are Insurers Finding? 8.31.21 Recording
The accounting standards update for Long-Duration Targeted Improvements (LDTI) was released almost three ...- Authors: Society of Actuaries
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting
-
Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project Part I: Context
Medicare Supplement and FASB’s Long-Duration Targeted Improvements Project Part ... “Targeted Improvements to the Accounting for Long-Duration Contracts,” and as a result, a common acronym ...- Authors: Rowen Bell
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Health & Disability; Health & Disability>Health insurance
-
Data 101
Data 101 A review of model inputs, suggested methods to getting comfortable with the data ... (ASU) No. 2018–12 (commonly referred to as GAAP Long-Duration Targeted Improvements or GAAP LDTI) increases ...- Authors: Brenna Gardino
- Date: Aug 2021
- Competency: Communication; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Financial Reporting & Accounting
-
ILA LFMC Model Solutions Spring 2021
yield curve are as follow: • External input - long duration URR median • Interpolate the par yield curve ... Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies ...- Authors: Society of Actuaries
- Date: Aug 2021
-
ILA LFMU Model Solutions Spring 2021
ILA LFMU Model Solutions Spring 2021 ILA LFMU Model Solutions Spring 2021 8/6/2021 12:00:00 ... Change their Accounting and Disclosures for Long-Duration Contracts, E&Y, Nov 2018 Implementation Considerations ...- Authors: Society of Actuaries
- Date: Aug 2021
-
edu-2021-spring-solutions-ilalpm.pdf
securities, they will need to sell their long-duration assets at a discount, which causes BXP to realize ... There will be a realized loss on selling the long duration fixed assets after interest rates rise.- Date: Jul 2021
-
edu-2021-spring-solutions-ilalam.pdf
their analysis. C: MRK's business is long duration and therefore a 20-year projection period is ...- Date: Jul 2021
-
edu-2021-spring-solutions-ermila.pdf
the legacy block means that investing with a long duration could force AnnCo to sell assets at a loss ...- Date: Jul 2021
-
QFI PM Model Solutions - Spring 2021
QFI PM Model Solutions - Spring 2021 QFI PM Model Solutions - Spring 2021 7/30/2021 12:00:00 ... that they can increase the fund's exposure to long duration assets. Your colleague plans on buying interest ...- Authors: Society of Actuaries
- Date: Jul 2021
-
General Insurance, Financial and Regulatory Environment – U.S. Case Study
General Insurance, Financial and Regulatory Environment – U.S. Case Study Case study for General ... Premiums for Long Duration Contracts $0 8 Reserve for Net Unearned Premiums for Long Duration Contracts ...- Authors: Society of Actuaries
- Date: Jul 2021
-
2021 Section Ballot - E & I
2021 Section Ballot - E & I 7/14/2021 12:00:00 AM ... member of the AAA Life Financial Reporting Long Duration Contracts working group. Why are you interested ...- Date: Jul 2021
-
2021 Section Ballot - Long Term Care
2021 Section Ballot - Long Term Care 7/14/2021 12:00:00 AM ... forthcoming U.S. GAAP textbook on the new long duration targeted improvements accounting standard.- Date: Jul 2021
-
Economic Scenario Generators, Part III: In-depth ESG Case Study—Academy Interest Rate Generator
Economic Scenario Generators, Part III: In-depth ESG Case Study—Academy Interest Rate Generator ... reference maturities, such as 10-years for the long duration corporate fund and (2) apply a spread adjustment ...- Authors: Rahat Jain , Dean Kerr, Matthew Zhang
- Date: Jul 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Modeling Platform
- Topics: Life Insurance; Modeling & Statistical Methods
-
Minding the MediGap: Modeling Considerations for a Complex Product
Minding the MediGap: Modeling Considerations for a Complex Product Discussion on modeling Medicare ... particularly with the ongoing transition to long duration targeted improvements (LDTI) standards. Med ...- Authors: Robert T Eaton
- Date: Jul 2021
- Competency: Results-Oriented Solutions
- Publication Name: The Modeling Platform
- Topics: Modeling & Statistical Methods
-
Accounting for Ceded Reinsurance Under LDTI—Existing Business
Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI). It looks at some concerns ... Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI).[1] This article examines the ...- Authors: Steven Malerich
- Date: Jul 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
-
The Impact of a Rising Interest Rate Environment on GAAP and Statutory Financial Reporting
The Impact of a Rising Interest Rate Environment on GAAP and Statutory Financial Reporting ... Update (ASU) 2018-12, commonly referred to as Long Duration Targeted Improvements (LDTI), will become effective ...- Authors: Dustin Baran-Plotkin, Kevin Desmond
- Date: Jul 2021
- Competency: Results-Oriented Solutions; Strategic Insight and Integration
- Publication Name: The Financial Reporter
- Topics: Enterprise Risk Management>Financial management; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
-
Un véritable festin : Possibilités de webinaires de formation continue de 2021 offertes par le Conseil de la Section conjointe de la gestion des risques
Un véritable festin : Possibilités de webinaires de formation continue de 2021 offertes ... to the Accounting for Long Duration Contracts» communément appelée «Long duration targeted improvements») ...- Date: Jun 2021
-
Fixed Index Annuity LDTI implementations and considerations
Living benefits (GLWBs) in fixed index annuity products are typically accounted for under SOP03-1 ... pricing implications. Fixed Index Annuity, Long duration target improvement, Market Risk Benefit 19720 ...- Date: Jun 2021
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Annuities; Financial Reporting & Accounting; Life Insurance
-
An Examination of Market Risk Benefits with Reinsurance under LDTI
Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI).” The standard changes how ... entities recognize, measure, present and disclose long-duration contracts issued by insurance entities. Since ...- Authors: Nelson Chu Fung Lum
- Date: Jun 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Fair value accounting; Reinsurance>Financial reporting for reinsurance
-
Spring 2021 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study
Spring 2021 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study ... Premiums for Long Duration Contracts $0 8 Reserve for Net Unearned Premiums for Long Duration Contracts ...- Authors: Society of Actuaries
- Date: Jun 2021
-
Spring 2021 QFI – Portfolio Management Exam
which is mandated to track very closely a long duration, investment grade corporate bond index. Based ... that they can increase the fund's exposure to long duration assets. Your colleague plans on buying interest ...- Authors: Society of Actuaries
- Date: Jun 2021
-
Spring 2021 Individual Life and Annuities Life Financial Management, U.S Exam
Spring 2021 Individual Life and Annuities Life Financial Management, U.S Exam View the Spring 2021 ... XYZ is now preparing for implementation of Long Duration Targeted Improvements in FASB’s ASU 2018-12 ...- Authors: Society of Actuaries
- Date: Jun 2021
-
Spring 2021 Individual Life and Annuities Life Financial Management, Canada Exam
Spring 2021 Individual Life and Annuities Life Financial Management, Canada Exam View the Spring 2021 ... model for insurance contracts classified as “long duration” under US GAAP. ANSWER: (b) (3 points) ...- Authors: Society of Actuaries
- Date: Jun 2021
-
Spring 2021 Life ALM and Modeling Exam
Targeted Improvements to the Accounting for Long-Duration Contracts, your company is developing a nested ... ANSWER: MRK Life is a company writing long duration interest-sensitive insurance policies. (b) ...- Authors: Society of Actuaries
- Date: Jun 2021
-
Adaptive Leadership: A Conversation With Tracy Choka
Adaptive Leadership: A Conversation With Tracy Choka Tracy Choka is managing director and regional ... with military experts in context of navigating long duration crisis situations. All of us are missing ...- Authors: Christine Luzano, Tracy A Choka
- Date: Jun 2021
- Competency: Leadership
- Publication Name: Reinsurance News
- Topics: Actuarial Profession>Management skills; Life Insurance>Accelerated underwriting
-
Understanding the Low Interest Rate Environment on Retirement Security in the United States - Appendix
Understanding the Low Interest Rate Environment on Retirement Security in the United States ... duration in liability) -> increased demand for long-duration assets • Supply and demand imbalance of corporate ...- Authors: Yimeng Yin, Donald Boyd
- Date: Jun 2021
- Topics: Pensions & Retirement
-
Cross impact between Predictive Analytics and Actuarial Transformation Initiatives
Cross impact between Predictive Analytics and Actuarial Transformation Initiatives RFP on ... insurance industry gears-up to embrace the US GAAP Long Duration Targeted Improvements (LDTI) and/or IFRS 17 ...- Authors: Society of Actuaries
- Date: May 2021
- Competency: External Forces & Industry Knowledge
- Topics: Technology & Applications
-
Fall 2021 Individual Life and Annuities Life Financial Management, Canada Syllabi
Fall 2021 Individual Life and Annuities Life Financial Management, Canada Syllabi Fall 2021 Individual ... Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies ...- Authors: Society of Actuaries
- Date: May 2021
-
Fall 2021 Individual Life and Annuities Life Financial Management, Canada Introductory Study Note
Fall 2021 Individual Life and Annuities Life Financial Management, Canada Introductory Study Note Fall ... Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies ...- Authors: Society of Actuaries
- Date: May 2021
-
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Introductory Study Note
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Introductory Study ... Change Their Accounting and Disclosures for Long-Duration Contracts LFM-842-20 NAIC Standard Nonforfeiture ...- Authors: Society of Actuaries
- Date: Apr 2021
-
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Syllabi
Fall 2021 Individual Life and Annuities Life Financial Management, U.S Syllabi Fall 2021 Individual ... Change their Accounting and Disclosures for Long-Duration Contracts, E&Y, Nov 2018 • Implementation ...- Authors: Society of Actuaries
- Date: Apr 2021
-
Reconsidering Embedded Value
“Targeted Improvements to the Accounting for Long-Duration Contracts” (LDTI) in August 2018. LDTI is expected ... on economic and insurance risks underlying long-duration insurance contracts. However, some insurers ...- Authors: Roujie Chen, Erzhe Zhang
- Date: Apr 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Finance & Investments; Financial Reporting & Accounting
-
GAAP Long-Duration Targeted Improvements: Whether Largely a Compliance or Modernization Exercise, the Considerations for the Modeling Actuary are Numerous
GAAP Long-Duration Targeted Improvements: Whether Largely a Compliance or Modernization Exercise, the ... “Targeted Improvements to the Accounting for Long-Duration Contracts” (LDTI) amends existing accounting ...- Authors: Ryan Laine, Dave Czernicki, Jean-Philippe Larochelle
- Date: Apr 2021
- Competency: Strategic Insight and Integration
- Publication Name: The Modeling Platform
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Modeling efficiency
-
Keep Up With the Standards: On ASOP 56, Modeling
Keep Up With the Standards: On ASOP 56, Modeling A high-level review of the newly effective ... in financial reporting, with IFRS 17 and the long-duration contracts targeted improvements from FASB. Predictive ...- Authors: Mary Campbell
- Date: Apr 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting
-
Accounting for Ceded Reinsurance Under LDTI—Unique Concerns
Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI). It looks at some concerns ... Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI).[1] This article examines some ...- Authors: Steven Malerich
- Date: Apr 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Reinsurance>Reserving - Reinsurance
-
Building a Narrative Around LDTI Discount Rate Updates
Building a Narrative Around LDTI Discount Rate Updates This paper highlights the impact on ... Reporter, April 2021 The introduction of GAAP long-duration targeted improvements (LDTI) will create more ...- Date: Apr 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Economics>Financial markets; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
-
Model Risk Management Case Studies: Common Pitfalls and Key Lessons
Model Risk Management Case Studies: Common Pitfalls and Key Lessons In this article, ... model-based reserving requirements, such as US GAAP Long Duration Targeted Improvements (LDTI) and US Statutory ...- Authors: Katie Cantor, Joshua Chee, Roujie Chen
- Date: Feb 2021
- Competency: Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks
-
Fall 2020 ILA LFMC Exam Solution
resulting insurance cash flows usually have a very long duration and could be supported by long-term fixed income ... valuation. In general, candidates did not relate long duration liabilities to short term market variability ...- Authors: Society of Actuaries
- Date: Feb 2021
-
Fall 2020 ILA LFMU Exam Solution
In Depth - Detailing the new accounting for long-duration contracts of insurers, PWC, Sep 2018 LFM-841-20: ... Change their Accounting and Disclosures for Long-Duration Contracts LO#4 LFM-141-18 IFRS 17 Insurance ...- Authors: Society of Actuaries
- Date: Feb 2021
-
Accounting for Ceded Reinsurance Under LDTI—Precedent
Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI). It looks at some techniques ... techniques that have been used to account for long-duration reinsurance under existing GAAP (before LDTI). It ...- Authors: Steven Malerich
- Date: Feb 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Reinsurance>Reserving - Reinsurance
-
LDTI Implications and Insights: IDI and LTC
GAAP accounting guidance for insurers with long-duration liabilities due to Accounting Standards Update ... GAAP accounting guidance for insurers with long-duration liabilities due to Accounting Standards Update ...- Authors: Robert E Winawer, Gregory Mackenzie, Kevin Desmond
- Date: Feb 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting
-
Income Volatility Under LDTI
volatility under Long Duration Targeted Improvements (LDTI) for several key types of long duration contracts ... Zheng The Financial Reporter, February 2021 Long-duration targeted improvements (LDTI), also known as ...- Authors: Bruce Rosner
- Date: Feb 2021
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Life Insurance>Universal life
-
Fall 2020 QFIPM Exam Solution
characteristics. Because ABC specializes in long-duration products and currently has a very safe and highly ... insurance company, but because ABC specializes in long-duration products liquidity risk is less of a concern ...- Authors: Society of Actuaries
- Date: Feb 2021
-
Critical Illness Benefits and Triggers: An Introduction
Critical Illness Benefits and Triggers: An Introduction An overview of key considerations for ... are made on an annual, tax-year basis. For long-duration CI products where the sale may take place years ...- Authors: Ashlee Borcan, Stephen Rook
- Date: Dec 2020
- Competency: External Forces & Industry Knowledge
- Publication Name: Small Talk
- Topics: Health & Disability
-
Fall 2020 QFI – Portfolio Management Exam
Fall 2020 QFI – Portfolio Management Exam View the Fall 2020 QFI – Portfolio Management Exam. 11/23/2020 ... of regulatory risk • Attractive returns • Long duration (a) (1.5 points) Explain whether or not ...- Authors: Society of Actuaries
- Date: Nov 2020
-
Fall 2020 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study
Fall 2020 General Insurance - Financial And Regulatory Environment – U.S. Exam Case Study View ... Premiums for Long Duration Contracts $0 8 Reserve for Net Unearned Premiums for Long Duration Contracts ...- Authors: Society of Actuaries
- Date: Nov 2020
-
Fall 2020 Individual Life and Annuities Life Financial Management, U.S. Exam
Fall 2020 Individual Life and Annuities Life Financial Management, U.S. Exam View the Fall 2020 Individual ... points) Regarding the FASB's new guidance for long duration contracts (ASU 2018-12): (a) (5 points) ...- Authors: Society of Actuaries
- Date: Nov 2020