Description: This PBA Implementation Guide provides verbal summaries and visual flow chart overviews of various VM-20 and PBA components and requirements, six Case Study Road Maps, and action items to bridge the gaps and implement PBA. During the Guide’s development these templates and exercises were vetted with more than 15 participants selected from a diverse group of companies

Description: An observation is made regarding the impact interest rate scenarios have on VM-20 stochastic reserves.

Description: Compares Term VM-20 modeled reserves at low credibility factors.

Description: View the Corporate Finance and Enterprise Risk Management (CFE)Course Study Note: How Business Dynamics Applies to Actuaries.

Description: A template to calculate the NPR (Net Premium Reserve) in the Valuation Manual VM-20 (based on the December 2, 2012, version).

Description: Readers are given an introduction to a PBA Implementation Guide for Life Products.

Description: The 2020 edition of the Valuation Manual permits mortality data aggregation thereby enhancing credibility but also has accompanying requirements and addresses calculation of company experience rates.

Description: This PBA Implementation Guide provides verbal summaries and visual flow chart overviews of various VM-20 and PBA components and requirements, six Case Study Road Maps, and action items to bridge the gaps and implement PBA. During the Guide’s development these templates and exercises were vetted with more than 15 participants selected from a diverse group of companies.

Description: This article calls to attention the more modest needs of smaller companies contained in the PBA Implementation Guide.

Description: This SOA report’s purpose is to increase awareness of the importance of many reinsurance treaty terms/provisions, identify common treaty structures, practices, and/or solutions in reinsurance treaty construction and negotiation and illustrate how treaty terms have evolved over time. Lessons can be learned from ceding companies’ and reinsurers’ viewpoints and objectives on key treaty provisions and by considering obstacles, compromises, conflicts and solutions during and subsequent to the treaty construction and negotiation process. This report is based on questionnaire responses, telephone interviews, participant research assignments, follow-up email correspondence and an in-person roundtable discussion. This report documents participant’s points, counterpoints, counter-counterpoints and insights