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  • Embedded Value: Practice and Theory
    (EC): 0.5(1 ) .NB t tEC VNB RDR= × + (17) Formula (17) makes intuitive sense in that the VNB, computed ... in-force business, and free surplus have been given by (17), (21), and (24), respectively. Continuing with the ...

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    • Authors: Robert Frasca, Kenneth LaSorella
    • Date: Mar 2009
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Actuarial Practice Forum
    • Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Economic value
  • Fair Valuation of Insurance Liabilities-Implications for Economic Performance Measurement and Strategic Decision Making
    Fair Valuation of Insurance Liabilities-Implications for Economic Performance Measurement and Strategic Decision Making Slides from a session at a ... 17 My second conclusion, GAAP measures do not show ...

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    • Authors: Charles D Friedstat, Kenneth LaSorella, Gregory Goulding, David M Walczak, Joseph Koltisko, Marsha Wallace, Scott Witt
    • Date: Jun 2000
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Fair value accounting