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  • Market Value and Duration Estimates of Interest Sensitive Life Contracts
    sensitive life crediting rates as a function of U.S. Treasury interest rates. Second, the company crediting ... generating surrender cash flows. Finally, mortality cash flows are generated, further reducing the ...

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    • Authors: Thomas Merfeld
    • Date: Jan 1995
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Financial Reporting & Accounting>Fair value accounting; Life Insurance
  • A Market Value Balance Sheet: Why and How
    specified discount rares.a In this early period marke~s varied little, rising at a moderate rate on a total ... dimensions for this calculation: the discount rate(s) and the timing of the cash flows. Our idea for a ...

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    • Authors: Matthew Clayton Modisett
    • Date: Jan 1993
    • Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Financial Reporting & Accounting>Fair value accounting