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  • Minimum Garanteed Benefits of Variable Annuities
    all the guarantees. AG 34, which was MMM, takes care of the reserves for the variable guaranteed minimum ... FLOOR: The second question is, is that true for a direct writer of these contracts or just from a reinsurer’s ...

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    • Authors: Franklin Clapper, Kerry Krantz, John M O'Sullivan, Stephen A J Sedlak, Cindy Barnard, Charles Dana Tatro
    • Date: Sep 2000
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Topics: Actuarial Profession>Standards of practice; Annuities>Variable annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy; Reinsurance>Financial reporting for reinsurance; Reinsurance>Reserving - Reinsurance
  • Annuity Risk-Management Seminar. NAIC C3 Phase II Implications for RBC and Reserves
    consciousness. This is my mental image for how we’re taking care of the diversification. Under this new framework ... we’re working for are stock companies and won’t care about your quarterly GAAP income statement. After ...

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    • Authors: John M O'Sullivan, Peter H Sun, Keith E Floman
    • Date: May 2005
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities; Enterprise Risk Management>Capital management - ERM