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Regulatory Update on Life and Some Health Insurance Issues as of Dec. 21, 2012
2013 to 2014. The A Committee had adopted an Aug. 17, 2012 version of VM, but, presumably, the Plenary ... amendments adopted for exposure (by them) since Aug. 17, 2012. A comment from the NAIC president implied ...- Authors: Norman E Hill
- Date: Mar 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Small Talk
- Topics: Annuities>Fixed annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance
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Regulatory Update
is likely to be replaced by international GAAP (IFRS) and therefore SA must cease to exist. In my opinion ... requirement for adoption or even discussion. If IFRS replaced GAAP, fully codified SA could remain just ...- Authors: Norman E Hill
- Date: Oct 2012
- Competency: Professional Values>Ethical standards
- Publication Name: Small Talk
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Optional Federal Charter OFC – Another Acronym, Another Concern
Productive Meeting Indeed! by William M. Sayre 17 Lapse Experience Under Lapse-Supported Policies: ... predicted that international accounting standards (IFRS), including reserve standards, will replace US ...- Authors: Norman E Hill
- Date: Dec 2008
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Small Talk
- Topics: Public Policy
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Regulatory Update for 2014
comments. As before, New York voted no. In the Dec. 17 NAIC NewsWire, the announcement was made that the ... accounting bases, such as U.S. GAAP, international GAAP (IFRS) and GAAP for several other countries. As indicated ...- Authors: Norman E Hill
- Date: Mar 2015
- Publication Name: Small Talk
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Regulatory Update for 2013
replaced by currently proposed international GAAP (IFRS), this codification would continue. Some small ... disappointment at lack of progress of convergence of two IFRS versions, one by U.S. accounting authorities (FASB) ...- Authors: Norman E Hill
- Date: Mar 2014
- Competency: External Forces & Industry Knowledge
- Publication Name: Small Talk
- Topics: Financial Reporting & Accounting>Statutory accounting
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Regulatory Update
Regulatory Update Article summarizing two conference calls from late 2011 on regulatory ... proposed International Financial Reporting Standards (IFRS) approach for insurance liabilities, and Solvency ...- Authors: Norman E Hill
- Date: Jan 2012
- Competency: External Forces & Industry Knowledge
- Publication Name: Small Talk
- Topics: Public Policy
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Regulatory Update – 2010 NAIC Summer National Meeting
Regulatory Update – 2010 NAIC Summer National Meeting A discussion of the events of ... Associates indicated that a complete exposure draft of IFRS, international GAAP, for insurance contracts including ...- Authors: Norman E Hill
- Date: Nov 2010
- Competency: External Forces & Industry Knowledge
- Publication Name: Small Talk
- Topics: Public Policy
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Updated Regulatory Gamut—From OFC to PBR and In Between
Updated Regulatory Gamut—From OFC to PBR and In Between This article discusses regulatory proposals ... implement than full-blown International Fair Value (IFRS) would be. It does not address insurance issues ...- Authors: Norman E Hill
- Date: Nov 2009
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Public Policy
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More Regulation, More Uncertainty
More Regulation, More Uncertainty This article summarizes current regulatory activity discussed ... year-end 2009. GAAP and International Accounting (IFRS) Predictions have been made that current U.S. GAAP ...- Authors: Norman E Hill
- Date: Jun 2009
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Life Insurance>Reserves - Life Insurance; Public Policy
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Table 1 for Session 136IF: Building Bridges with Alternative Marketing Methods
26 30 4 8 3 3 4 7 5 90 2% Decreasing Term 36 29 17 10 14 9 4 6 2 127 3% Mortgage Life 20 12 21 14 ... 18 8 2 15 4 113 2% Simplified Underwriting 34 43 17 20 26 13 2 25 3 183 4% Single Premium Life 36 37 ...- Authors: Robert H Dreyer, Norman E Hill, James B Smith, Lori A. Truelove
- Date: Oct 1999
- Competency: Strategic Insight and Integration
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Marketing and distribution - Annuities; Health & Disability; Life Insurance>Marketing and distribution - Life Insurance