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An Analysis of the Legal Implications of the Valuation Actuary Concept
management of the company, as opposed to reporting direct ly to the board of directors. This issue remains ... under way within the Academy that will have a direct impact on the valuation actuary concept: determining ...- Authors: Gary D Simms
- Date: Jan 1987
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Public interest representation
- Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
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Ask The Experts
Commissioners (NAIC) model were in place, which then took care of the smaller company issue and also gave direction ... liabilities. So I think that's what has been given the primary consideration and the book value consideration ...- Authors: Shane A Chalke, J Duran, Daniel J McCarthy, Karen MacDonald
- Date: Sep 1995
- Competency: Professional Values>Practice expertise; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Financial Reporting & Accounting>Statutory accounting
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Surplus Standards - United States, Canada, United Kingdom
reason for this restriction is that, in Europe direct companies are strictly regulated while reinsurance ... companies are regulated in exactly the same way as direct-writing companies. So this kind of restriction ...- Authors: Allan Brender, Richard S Robertson, Richard J Squires, Paul Winokur
- Date: Jun 1985
- Competency: Professional Values>Practice expertise; Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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Actuarial Opinions On Asset-Liability Matching
Principle: A valuation should be pre- pared with care by qualified professionals and follow current professional ... ACTUARIAL OPINIONS ON ASSET-LIABILITY MATCHING please direct them to Mr. Robert D. Hogue, the incoming Chairman ...- Authors: Steven Lippai, R Stephen Radcliffe, Edward Silins, Stanley B Tulin
- Date: Oct 1985
- 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: Financial Reporting & Accounting>Statutory accounting
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Required Statements Of Actuarial Opinion
all known items have been considered and that due care and professional procedures have been followed. ... expanded on the options set out in the law. A primary route to quali- fication would include membership ...- Authors: Dennis Carr, Douglas Doll, Donald B Maier, William T Tozer, Jack M Turnquist
- Date: May 1985
- 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: Financial Reporting & Accounting>Statutory accounting
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State Variations and Their Impacts on Valuation
Reporting and the Society of Actuaries Long-Term-Care Experience Committee. Mr. Kenneth A. Klinger: ... (ALIC). The state insurance commissioners are the primary regulatory executive in each jurisdiction. Some ...- Authors: R Thomas Herget, Kenneth Klinger, Lauren M Bloom, Robert Wilcox
- Date: May 1996
- Competency: Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting
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Regulatory Topics
on the conservative side. In the absence of a direct standard, all I have done in the past is use a ... mentioned by Doug Doll, but they could have a very direct impact on you folks. Guideline IXA has been exposed ...- 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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My Expectations of Appointed Actuaries for Smaller Life Insurance Companies
My Expectations ... other actuarial assumptions for life and long term care insurance products sold at older ages. Results are ... fully underwritten life insurance and long-term care insurance are also provided.- Date: Sep 2013
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Leadership>Influence; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Small Talk
- Topics: Actuarial Profession>Best practices; Experience Studies & Data>Mortality; Financial Reporting & Accounting>Statutory accounting
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Reflections of a Regulatory Actuary
Reflections of a Regulatory Actuary Reflections of a Regulatory Actuary by Larry Gorski Annuity ... claim costs or continuance tables for long term care insurance. Experience, coupled with actuarial judgment ...- Authors: Larry M Gorski
- Date: Mar 2003
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Professional Values>Public interest representation
- Publication Name: The Financial Reporter
- Topics: Actuarial Profession; Annuities>Reserves - Annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Public Policy
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Role Of The Valuation Actuary In United States, Canada, And United Kingdom
appointed actuaries to work at all times." That is a direct quote from page 41 of the current handbook. The ... in Canada or the U.S., the appointed actuary has direct access to the company's Board of Directors. He ...- Authors: J Dickson Crawford, Robin B Leckie, D Allen Loney, Walter Rugland, Laura A Solomonian
- Date: Jun 1985
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Public interest representation
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Statutory accounting