Description: Presented at October 1996 Annual Meeting. This is a discussion presenting a FASB update with regard to fair value accounting and the valuation of insurance liabilities.

Description: Presented at October 1996 Annual Meeting. This discussion centers on GAAP implementation and some practical issues for FASB Interpretation 40 with regards to mutual insurers.

Description: Federal Tax Issues Under the 2001 CSO Mortality Tables

Description: This article discusses the implications of a principle-based reserve PBR system with respect to federal income taxation of life insurance companies, particularly with respect to tax reserves and their deductibility for tax purposes. The article discusses potential problems with existing tax rules for reserve deduction, what courses of action the IRS could take, and suggestions for design features of a PBR approach that would make it more consistent with current tax rules. Life insurance product tax implications are also discussed.

Description: From the 1986 Valuation Actuary Symposium, held in Washington DC in October 1986 Valuation Actuary Symposium Proceedings is the Canadian session on a report of the status of the Solvency Committee Report.

Description: Discusses the content of the Statement of Financial Accounting Standards 157, Fair Value Measurements and implementation challenges.

Description: Discusses the implications of the recent Tax Reform Act of 1986 [TRA] and proposed tax laws, and the effect of tax law on financial-performance measures, GAAP reporting, investment strategy, and even corporate structure. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.