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  • Analysis of Methods for Determining Margins for Uncertainty Under a Principle-Based Framework for Life Insurance and Annuity Products
    Analysis of Methods for Determining Margins for Uncertainty Under a Principle-Based Framework ... Principle-Based Framework for Life Insurance and Annuity Products This is a final report for a research ...

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    • Authors: Larry Rubin, Xiaokai Shi, Nicholas Ranson
    • Date: Mar 2009
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods
  • An Approach for Measurement of the Fair Value of Insurance Contracts
    in a manner similar to that currently used under U.S. GAAP for an investment contract, a Funding Agreement–Backed ... approaches for users of financial statements. In 2000 the Joint Working Group of Standard Setters recommended ...

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    • Authors: Sam Gutterman, Larry Rubin, David C Scheinerman, David Rogers
    • Date: May 2007
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Actuarial Practice Forum
    • Topics: Financial Reporting & Accounting>Fair value accounting; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]
  • Economic Measurement of Insurance Liabilities: The Risk and Capital Perspective
    guaranteed minimum death benefit (GMDB) on a variable annuity is the same as a traditional put option— the difference ... The first item, nonmarket assumptions (e.g., mortality, lapse, expenses, and morbidity), is not the ...

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    • Authors: Larry Rubin, Randy Tillis, Michael J Lockerman, Xiaokai Shi
    • Date: Mar 2009
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Actuarial Practice Forum
    • Topics: Finance & Investments>Economic capital; Finance & Investments>Economic value; Financial Reporting & Accounting; Financial Reporting & Accounting>Fair value accounting