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Ask The Experts
Ask The Experts From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, ... reserves;Life reserves;Monte Carlo simulation;Mortality assumption;National Association of Insurance ...- Authors: Frank M Amrine, Andrew Bodine, Armand de Palo, Mark Freedman, Charles D Friedstat, James P Greaton, Meredith Ratajczak, William J Schreiner, Stephen N Steinig
- Date: Nov 2001
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Financial Reporting & Accounting>Tax accounting; Public Policy
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GAAP/Purchase GAAP Issues
immediate annuities (SPIAs) that have significant mortality risks. So they're classified under FAS 60 and ... reserve with current best-estimate assumptions for mortality, administrative expenses, and interest (which ...- Authors: J Duran, Charles D Friedstat, Daniel J Kunesh, Edward Robbins
- Date: Jan 1996
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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GAAP for Mutuals - Current Status
They finally settled on a net level reserve with mortality assumptions equal to the guarantees in the policy ... final reserve was the net level premium using the mortality guarantees, the guaranteed interest rate, no lapse ...- Authors: Application Administrator, Charles D Friedstat, Mark Hopfinger, Edward Robbins
- Date: Jun 1996
- 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]
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GAAP Issues
GAAP Issues ... 6 GAAP Issues Charles D. Friedstat Randall S. Schuldt J. Peter Duran Bradley M. Smith ... developments. 285 GAAP ISSUES MR. RANDALL S. SCtRJI.,DT: I am going to address some of the issues ...- Authors: J Duran, Charles D Friedstat, Bradley M Smith, Randall S Schuldt
- Date: Jan 1993
- Competency: External Forces & Industry Knowledge
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]