Description: This presentation is a panel discussion, session number 2PD, from the 2000 Valuation Actuary Symposium, held September 14-15 in Washington, DC. The panelists provide an overview of current statutory valuation issues pertaining to life and annuity products, to be covered in-depth at subsequent sessions. Topics include: new valuation table for life insurance NAIC Actuarial Guidelines [AG] for variable product guaranteed living benefits and for equity-indexed universal life [ZZZZ] amendments to the Actuarial Opinion and Memorandum Regulation [AOMR] progress on Unified Valuation System [UVS] Model Regulations on Separate Accounts Funding Group Contracts with Guarantees, and on Synthetic Guaranteed Investment Contracts [GICs] regulatory concern over liquidity and Regulation XXX mortality X factors.

Description: This session at the 1998 Valuation Actuary Symposium looks at a variety of valuation issues including the Unified Valuation System, codification, the actuarial opinion and memorandum, and several annuity and life insurance reserving issues.

Description: This presentation is from session number 2, presented at the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss current statutory valuation issues pertaining to life and annuity products. They provide updates on the Unified Valuation Law [UVL] Task Force, equity-indexed products [including NAIC actuarial guidelines ZZZ and ZZZZ], NAIC actuarial guidelines XXXIII and XXXIV, variable annuity guaranteed living benefits VAGLB, the NAIC Model Regulation for Group Annuity Separate Accounts, Actuarial Opinion and Memorandum Regulation [AOMR] revisions, and other current topics.

Description: Panelists give an assessment of the current term market, and then cover statutory, GAAP, and tax reserves. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: 1998 SOA Spring Meeting, Maui. Panelists addressed recent, current, and proposed activity in the life insurance company financial reporting environment. Actuarial Guidelines 33, 34, and ZZZ were discussed as were equity-indexed products.

Description: This presentation is an Interactive Forum, session number 20IF, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss the American Academy’s Valuation Task Force and its committees working on the proposal to revise the Standard Valuation Law, referred to as the Unified Valuation Law [UVL], to update participants as to the status of the committees’ work. They provide a description of the activities currently taking place, and an update of where the revisions process stands and what the next steps are. The current system versus what is proposed are discussed, including concerns of regulators. Discussion from participants is included.

Description: Presented at October 1996 Annual Meeting. This session focuses on implementation and regulatory interpretation issues.

Description: This session at the SOA 1990 Annual Meeting is about techniques, methods, and assumptions for projecting cash flows for reserve analysis with emphasis on year-end reporting and communicating results. New York Regulation 126, proposed changes to the Standard Valuation Law, and actuarial standards of practice are discussed.

Description: This session discussion will look at how the industry has responded to the spirit and letter of Financial Accounting Standard FAS 97. From Record of the Society of Actuaries Vol. 15, No. 3A.

Description: Panel for session 46SM/L of the New York Annual Meeting presents an update on the American Institute of Certified Public Accountants and Financial Accounting Standards Board activities. From the Record of the Society of Actuaries, Vol. 24, No. 3.