Problems and Solutions for Product Illustrationsregulatory group. Understandability was obviously the primary one. We also mentioned accountability for the company ... companies are aware of this. It says the actuary's primary responsibility with regard to illustrated dividends ...
Description: 1994 SOA Meeting, San Francisco. This session discussed NAIC development of model regulation for life insurance and annuity disclosures. This session also described the approaches taken by the regulators and by industry advisory groups.Hide
- Authors: Application Administrator, Gary Corbett, Robert E Wilcox, George Coleman
- Date: May 1994
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities; Life Insurance; Public Policy