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  • GAAP for Mutuals - Current Status
    They finally settled on a net level reserve with mortality assumptions equal to the guarantees in the policy ... final reserve was the net level premium using the mortality guarantees, the guaranteed interest rate, no lapse ...

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    • Authors: Application Administrator, Charles D Friedstat, Mark Hopfinger, Edward Robbins
    • Date: Jun 1996
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Actuary/Accountant/Tax Attorney Dialogue on Notice 2013-19 and the Statutory Reserves Cap
    STATUTORy RESERvES CAP By Edward Robbins, Mark S. Smith and Peter H. Winslow tax accounting. Ironically ... (NAIC) prescribed valuation methods, prevailing mortality tables, and the greater of tax-prescribed or ...

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    • Authors: Edward Robbins, Mark Smith, Peter Winslow
    • Date: Oct 2013
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Taxing Times
    • Topics: Life Insurance>Reserves - Life Insurance; Public Policy