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Session 179: What Do I Need to Know if I'm Not Implementing PBR?
Session 179: What Do I Need to Know if I'm Not Implementing PBR? Companies exempt from ... VM-31 3.D.2.e Table showing numerical static and dynamic validation results, and commentary on these results ...- Date: Mar 2020
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession; Actuarial Profession>Standards of practice; Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting
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The Actuary February/March 2016
complex rules around valuation interest rates and dynamic solvency testing. In China, a new solvency frame- ... asset/liability matching to mitigate interest rate risk, to dynamic hedging that targets multiple risk factors associated ...- Authors: Society of Actuaries
- Date: Feb 2016
- Competency: Communication; Leadership; Leadership>Mentoring; Professional Values; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Entrepreneurism; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers; Public Policy
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Public Pension Crisis: Role of the Actuarial Profession
Public Pension Crisis: Role of the Actuarial Profession Challenge to actuarial business as usual ... time.” – Max Planck What does this imply? That dynamic career-long learning might require greater effort ...- Authors: Jeremy Gold
- Date: Jan 2016
- Competency: Professional Values>Public interest representation
- Publication Name: In The Public Interest
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Standards of practice; Pensions & Retirement>Public sector plans
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The Actuary October/November 2015
analytics techniques to project living benefit dynamic lapses. Predictive analytics techniques can also ... and dynamic lapses. With traditional techniques, base lapses are required to estimate dynamic lapses ...- Authors: Society of Actuaries
- Date: Oct 2015
- Competency: Communication; External Forces & Industry Knowledge; Leadership; Leadership>Mentoring; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Entrepreneurism; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers; Public Policy
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The Actuary August/September 2014
Does the portion of model require static or dynamic validation? These bullet points are just a taste ... current period actuals. Some refer to this as dynamic validation interchangeably. Most models have ...- Authors: Society of Actuaries
- Date: Aug 2014
- Competency: Communication; External Forces & Industry Knowledge; Leadership; Leadership>Mentoring; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Entrepreneurism; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers
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2013 Year in Review Report
CONTINUES WITH PROFESSIONAL DEVELOPMENT IN A DYNAMIC AND RAPIDLY CHANGING WORLD, ACTUARIES MUST CONTINUOUSLY ... MORBIDITY STUDIES, TODAY THE SOA SUPPORTS A DYNAMIC RESEARCH AGENDA, EXTENDING ACROSS A WIDE RANGE ...- Authors: Society of Actuaries
- Date: Jun 2014
- Competency: Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Strategy development
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers
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The Actuary February/March 2014
The Actuary February/March 2014 The February/March 2014 edition of The Actuary magazine—the Society ... efficiency iii. To ensure C-ROSS can adapt to the dynamic and rapidly changing market environment iv ...- Authors: Society of Actuaries
- Date: Feb 2014
- Competency: Communication; External Forces & Industry Knowledge; Leadership>Mentoring; Leadership>Thought leadership; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers; Public Policy
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Medicaid Health Plans: Ensuring Appropriate Rates in an Era of Rapid Expansion
likely to be eliminated. One example of this dynamic involves average per diem cost of maternity and ... year costs to occur due to the “pent up demand” dynamic. A 2009 Briefing Paper prepared by Milliman ...- Authors: Society of Actuaries
- Date: Jan 2014
- Competency: External Forces & Industry Knowledge; Professional Values; Strategic Insight and Integration
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Ethics; Actuarial Profession>Standards of practice; Enterprise Risk Management>Compliance; Enterprise Risk Management>Financial management; Enterprise Risk Management>Governance
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The Actuary December 2013/January 2014
Heineman, ASA, highlighted the consolidation dynamic. “In general, I expect health plans to consolidate ... considerations about sustainability issues should be dynamic, possibly using complexity theory to consider ...- Authors: Society of Actuaries
- Date: Dec 2013
- Competency: Communication; External Forces & Industry Knowledge; Leadership; Leadership>Mentoring; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Entrepreneurism; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers
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The Actuary, April/May 2013, Volume 10, Issue 2
The Actuary, April/May 2013, Volume 10, Issue 2 The April/May 2013 edition of The Actuary magazine—the ... there are too many of them, each embedded in dynamic adaptive complex systems. Given all the facts ...- Authors: Society of Actuaries
- Date: Apr 2013
- Competency: Communication; External Forces & Industry Knowledge; Leadership; Leadership>Mentoring; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Competencies; Actuarial Profession>Entrepreneurism; Actuarial Profession>Ethics; Actuarial Profession>Management skills; Actuarial Profession>Qualifications; Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers
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The Actuary, October/November 2012, Volume 9, Issue 5
The Actuary, October/November 2012, Volume 9, Issue 5 The October/November 2012 edition of The Actuary ... plus enhanced Web technologies that provide a dynamic reading experience. • Simple navigation with ...- Authors: Society of Actuaries
- Date: Oct 2012
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Alternative careers; Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Professional associations; Actuarial Profession>Standards of practice; Actuarial Profession>Traditional careers
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SOA Annual Meeting Summary - Product Development Focus
SOA Annual Meeting Summary - Product Development Focus This article reviews some of the highlights ... ing: • changes in product design and pricing; • dynamic hedging; • static or customized hedging; and • ...- Authors: Paula Hodges
- Date: Feb 2012
- Competency: External Forces & Industry Knowledge
- Publication Name: Product Matters!
- Topics: Actuarial Profession>Standards of practice; Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Public Policy
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Better Standard for Setting Standards
Better Standard for Setting Standards This author makes a few suggestions for how the ASB can ... followed World War II, lay ahead. And with it, a dynamic increase of actuaries in the pension and health ...- Authors: David R Kass
- Date: Feb 2007
- Competency: Professional Values>Practice expertise
- Publication Name: The Actuary Magazine
- Topics: Actuarial Profession>Standards of practice
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Addressing the Financial Risks of Retirement Systems: Actuary's Role in Managing Risk, and How that Fits in Our Standards of Practice
Addressing the Financial Risks of Retirement Systems: Actuary's Role in Managing ... all of those environments, which is an important dynamic in the way the standards are currently structured ...- Authors: Edward E Burrows, Daniel G Laline, Gordon Enderle, Stephen Butterfield
- Date: Jun 2005
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Pensions & Retirement>Risk management
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Valuation of Retiree Health Benefits
Valuation of Retiree Health Benefits The panelists in this session discuss recent developments ... valuation. The valuation will be a little bit more dynamic maybe than in the past, and—I already mentioned ...- Authors: Dale Yamamoto, David Kendall, Jin Park
- Date: May 2004
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Pensions & Retirement>Retiree medical
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Ethics in Financial Reporting
Ethics in Financial Reporting This session from the 2003 SOA Orlando Meeting focuses on the actuary's ... Reporting 2 review process at Sun Life and the dynamic capital-adequacy testing for the company. She ...- Authors: Neville Henderson, Josephine A Robinson, Darryl Wagner
- Date: Oct 2003
- Competency: Professional Values>Ethical standards
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Ethics; Actuarial Profession>Standards of practice; Financial Reporting & Accounting; Public Policy
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Hedging and Other Mitigation Techniques
different products, different benefits and different dynamic lapse assumptions, for example. Then I'll talk ... a ratchet design. We'll talk about static and dynamic lapses and how that can influence the capital ...- Authors: Michael J O'Connor, George Christopher
- Date: Sep 2003
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Standards of practice; Public Policy
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Appointed Actuary Forum
different requirements for how close my static and dynamic validations would have to come before I had confidence ... was replaced with something a little bit more dynamic. I hate to see what that would be offhand, but ...- Authors: Stephen Marco, Meredith Ratajczak, David A Ricci
- Date: Sep 2003
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Health Valuation Issues: Traditional Products
Health Valuation Issues: Traditional Products Panelists lead participants in a discussion ... experiencing double-digit trends. The environment is dynamic and moving along very rapidly. We frequently get ...- Authors: Jin-Dih Shih, Martin Staehlin, Kenny W Kan
- Date: Jun 2003
- Competency: Communication; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Health & Disability>Health insurance
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Draft SOP on Nontraditional Products: GMDB Reserve Requirements and Implications
Draft SOP on Nontraditional Products: GMDB Reserve Requirements and Implications Presented at May ... consider. But I believe that we did develop a dynamic lapse assumption, so our lapses were somewhat ...- Authors: Louis Lombardi, David C Scheinerman, Karen DeToro
- Date: May 2002
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Annuities>Variable annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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Practitioner's Forum
Life Insurance (ACLI) actuarial committees on dynamic valuation interest rate proposal. The speakers ... what everyone is going to do. That’s like the dynamic valuation interest rates in the standard valuation ...- Authors: James Bridgeman, Norman E Hill, Joseph A Sikora
- Date: Nov 2001
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Ask The Experts
Ask The Experts From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena ... below the minimum standards. We then considered dynamic financial condition analysis. I believe the unified ...- Authors: Frank M Amrine, Andrew Bodine, Armand de Palo, Mark Freedman, Charles D Friedstat, James P Greaton, Meredith Ratajczak, William J Schreiner, Stephen N Steinig
- Date: Nov 2001
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Financial Reporting & Accounting>Tax accounting; Public Policy
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Regulatory Topics
Regulatory Topics From a session at the 2000 Valuation Actuary Symposium held in Washington ... strict number thing. We began to move to a more dynamic type of item. It is clearer when you look at what ...- Authors: William Carroll, Rodney E Friedy, John A Hartnedy, Kerry Krantz, Robert Potter
- Date: Sep 2000
- Competency: Professional Values>Public interest representation; Relationship Management>Relationships and trust
- Topics: Actuarial Profession>Professional associations; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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New UVL Update
called a viability report. This is similar to the dynamic financial condition analysis proposals, looking ... personal opinion again is that one of the reasons the dynamic financial condition 1999 Valuation Actuary Symposium ...- Authors: Larry Baber, Arnold Dicke, R Thomas Herget, Kerry Krantz, David Sandberg
- Date: Sep 1999
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Professionalism and Statements of Actuarial Opinion
the directors that he has done so. The Annual Dynamic Condition Adequacy Testing, which we call DCAT ... the regulator. DCAT's American counterpart is dynamic solving testing (DST). However, starting January ...- Authors: Sam Gutterman, W Paul McCrossan, Robert G Meilander, Herbert S Wolf
- Date: Sep 1998
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Standards of practice
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U.S. Statutory Financial Reporting and the Valuation Actuary
engaged in financial reporting must consider the dynamic interplay between investment and insurance cash ... covers the use of the 1980 CSO mortality table, dynamic interest rates (including reference interest rates ...- Authors: Society of Actuaries
- Date: Sep 1997
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting
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Setting the Standards - The Actuarial Standards Board 'ASB' and the Canadian Institute of Actuaries
Setting the Standards - The Actuarial Standards Board 'ASB' and the Canadian ... single rate. This also applies to static versus dynamic mortality assumptions and a single assumed retirement ...- Authors: Edward E Burrows, Heidi Rackley
- Date: Jun 1996
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Pensions & Retirement>Pension accounting
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Health Insurance and the Valuation Actuary
vitality of the company. This flows out of the dynamic solvency adequacy testing that they are required ... adequate. There has been some work done in the Dynamic Financial Condition Analysis Handbook and some ...- Authors: Jerry E Lusk, Donald J Martineau, Ed Butler
- Date: Jun 1996
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Health & Disability>Health insurance
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Canadian Financial Reporting Update
through a series of scenario tests—something I call dynamic solvency testing. Why would the question even ... opinion is simply because of dynamic capital adequacy testing or dynamic solvency testing, in which the ...- Authors: Morris Chambers, Geoff I Guy, Robert M Smithen
- Date: May 1996
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Practice expertise; Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting
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Appointed Actuary Update: Is the U.S. on the Right Track?
About 50% had looked at the persistencyand the dynamic persistency. Twenty-five percent tested expenses ... SensitivityTesting Mortality Base persistency I 52 Dynamic persistency ( 52 Expenses I 25 Base premium persistency ...- Authors: Frank Buck, Robert J Callahan, Robert H Dreyer, Susan M Ende, Robert E Winawer
- Date: Oct 1993
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Actuarial Standards for Product Acturaries
Actuarial Standards for Product Acturaries 1993 SOA Spring Meeting, Boston. This session is about ... The material that Walt Rugland distributed on dynamic solvency issues addresses this challenge to some ...- Authors: Application Administrator, Craig Likkel, Esther H Milnes, John W H Taylor
- Date: May 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice
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Appointed Actuary Opinion and Memorandum Issues
Appointed Actuary Opinion and Memorandum Issues This session from the 1993 Valuation Actuary Symposium ... 2. Know how the projection software treats any dynamic relationship between the various assumptions ...- Authors: Daniel J Kunesh, Meredith Ratajczak, Paul Wharram
- Date: Jan 1993
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Standards of practice; Public Policy
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Valuation Actuary Overview - The New Statutory Valuation Opinion
Practicalconsiderations of cash-flow testing - Preparation - Dynamic assumptions - C-1 and C-2 assumptions - Modelingtechniquesand ... bear some resemblance to reality. There are also dynamic assumptions that we need to make. We might have ...- Authors: Douglas Doll, Deborah A Gero, Abraham Gootzeit, Marc Pitoniak
- Date: Oct 1992
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Life Insurance>Reserves - Life Insurance; Public Policy
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Cash-Flow Testing for Product Actuaries
spread to an envisioned liability with certain dynamic features. The question that needs to be answered ... generated yield curves. The models simulate the dynamic cash flow behavior and values of financial vehicles ...- Authors: David N Becker, Application Administrator, Donna Claire, Martin Klein, Anne Katcher
- Date: Oct 1992
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Finance & Investments>Investment strategy - Finance & Investments; Public Policy
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U.S. GAAP Financial Reporting
U.S. GAAP Financial Reporting Generally accepted accounting principles 'GAAP' ... products such as universal life to accommodate their dynamic characteristics, investment con- tracts to account ...- Authors: Society of Actuaries
- Date: Aug 1992
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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Gearing Up to be Appointed Actuaries
Gearing Up to be Appointed Actuaries This presentation is a panel discussion from the 1991 ... 1991, appointed actuaries will be required to do dynamic solvency testing, that is, to examine the ability ...- Authors: Robert H Dreyer, Frank S Irish, W Paul McCrossan, Walter Rugland, Christopher David Daykin
- Date: Oct 1991
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Finance & Investments>Asset liability management; Global Perspectives; Public Policy
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Cash-Flow Testing
Cash-Flow Testing This presentation is a panel discussion from the 1991 Annual Meeting of the Society ... has recently been introduced in Canada ca_led Dynamic Solvency Testing (DST). The Canadian Institute ...- Authors: William Britton, J Engels, Paul A Hekman, Thomas W Reese
- Date: Oct 1991
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Finance & Investments>Asset liability management
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The Future Measurement of Financial Solvency of Life/Health Insurance Companies in the United States
Non- Forfeiture Law in the United States. The dynamic solvency test which actuaries will be required ... approach to evaluating solvency and solidity. This dynamic approach is very straightforward and it aplSlies ...- Authors: Allan Brender, Sam Gutterman, Curtis E Huntington, Richard Kischuk
- Date: Oct 1988
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting
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Toward the Development of a New Standard Valuation Law
smaller step forward and to look at the current dynamic minimum valuation requirements and see if we could ... sure that the minimum reserves currently in the Dynamic Valuation Law are in fact adequate to support the ...- Authors: Allan Brender, Catherine Ehrlich, Michael E Mateja, Anthony Spano, John H Tweedie
- Date: Jun 1988
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting
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Life Insurance Company Statutory Valuation
Life Insurance Company Statutory Valuation 1987 Valuation Actuary Handbook: Chapter 1: Addresses ... Actuaries=AAA;Cash flow testing;Deferred annuities;Dynamic simulation models;Globalization;Inflation;Lapse ...- Authors: Society of Actuaries
- Date: Jan 1987
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Code of Conduct; Actuarial Profession>Qualifications; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Valuation Reports for Regulators
Valuation Reports for Regulators From the 1986 Valuation Actuary Symposium, held in Washington ... Basical ly, New York was concerned about the Dynamic Valuat ion Law as it was and did not want companies ...- Authors: Donna Claire
- Date: Oct 1986
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Qualifications; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Summary of Current and Future Regulatory Requirements
, the Techn ica l Advisory Commit tee on Dynamic In teres t and Re la ted Mat ters to the NAIC ... Subcommit tee s tated , The ACLI's proposed dynamic law would not change the basic exist ing legal ...- Authors: John K Booth, Robert M Hammond
- Date: Oct 1986
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Actuarial Profession>Code of Conduct; Actuarial Profession>Qualifications; Actuarial Profession>Standards of practice; Annuities>Reserves - Annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Public Policy
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Using Deterministic Scenarios to Test Valuation Reserves for Universal Life
Using Deterministic Scenarios to Test Valuation Reserves for Universal ... testing;Deterministic models;Discount rates=Interest rates;Dynamic simulation models;Investment strategy;Lapse rates=Lapses;Life ...- Authors: Dennis Carr, Michael R Tuohy
- Date: Jan 1985
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Qualifications; Actuarial Profession>Professional development; Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting
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A Perspective on the Role of the Valuation Actuary
A Perspective on the Role of the Valuation Actuary From the 1985 Valuation Actuary Symposium ... appraisal by an expert . It impl ies an act ive , dynamic va luat ion s ince we have our possessions reva ...- Authors: Kenneth T Clark
- Date: Jan 1985
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation
- Topics: Actuarial Profession>Standards of practice; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Valuation Actuary - Changing Role
Valuation Actuary - Changing Role This session from the 1984 SOA Toronto Meeting discusses the ... is that the interest rates will be handled on a dynamic basis, not only allowing for adjustments up, but ...- Authors: Audrey L Halvorson, Gary Corbett, Burton Jay, R Stephen Radcliffe, Walter Rugland
- Date: Oct 1984
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession; Actuarial Profession>Standards of practice; Public Policy
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Life Company Valuation In An Environment Of Change
essentially all Jurisdictions. These included the dynamic interest feature that permits valuation interest ... minimum reserve requirements, with or without the dynamic interest feature, cannot be relied upon to assure ...- Authors: Allan Affleck, Gary Corbett, James P Greaton, Robert A Miller, Carl R Ohman
- Date: May 1984
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Public Policy