Description: In November 2020 the Life Actuarial (A) Task Force unanimously passed APF 2020-08 which adds a third permissible method in the Valuation Manual to determine company experience mortality rates. This article describes the three methods

Description: This article discusses how to find the right Enterprise Risk Management strategy for a company. The authors assert that ERM effectiveness ultimately resides with people through collaboration, wisdom and judgment.

Description: To comply with VM reporting requirements, what is the simplest path for a small company that has passed the Deterministic Exclusion Test and the Stochastic Exclusion Test?

Description: Noteworthy Reads has a simple aim—to inform our readers of good sources on models; specifically, to point out sources beyond what we can include in a newsletter. Noteworthy Reads will select a few and provide mini-reviews.

Description: Find information about the Life Reinsurance Treaty Construction. The 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.

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

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

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

Description: Feature article discussing the implications for the Chief Actuary in communicat¬ing the impact of C3 Phase III to management, once it becomes effective.

Description: An illustration of how to calculate the Stochastic Exclusion Ratio Test given the required inputs as described in the Valuation Manual VM-20 (based on the December 2, 2012, version).