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  • The Impact of a Rising Interest Rate Environment on GAAP and Statutory Financial Reporting
    abrupt reserve increases (particularly for long-term care and structured settlements).[2] Under LDTI, traditional ... deviation. [2] “Interest rate related” long-term care and structured settlement loss recognition events ...

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    • Authors: Dustin Baran-Plotkin, Kevin Desmond
    • Date: Jul 2021
    • Competency: Results-Oriented Solutions; Strategic Insight and Integration
    • Publication Name: The Financial Reporter
    • Topics: Enterprise Risk Management>Financial management; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
  • Update on Mutual Holding Companies
    documents. At all times, the MHC must control the direct or indirect majority of the downstream stock ... insurance company. But at all times, indirect or direct, the MHC must control the majority of the vote ...

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    • Authors: Jeffrey Beckley, Carl Harris, E Tom Hughes, Thomas P Tierney
    • Date: Oct 1998
    • Competency: Results-Oriented Solutions
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Negative IMR Considerations in a Higher Interest Rate Environment
    Negative IMR Considerations in a Higher Interest Rate Environment Interest Maintenance ... with the NAIC Annual Statement Instructions. The primary purpose of IMR is to spread the effect that after-tax ...

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    • Authors: Yuan Tao, Charles K Chacosky, Rey Malile
    • Date: Jun 2023
    • Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting
  • Managing Statutory Performance
    companies have used the statutory blankas their primary way of measuring financialperformance. There are ... was bigger than had ever happened before. I don't care if Califomia falls in the ocean, but we have to ...

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    • Authors: Patricia Guinn, Terence Lennon, David E Neve, Robert Ozenbaugh
    • Date: Oct 1992
    • Competency: Results-Oriented Solutions; Strategic Insight and Integration
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Insights Into Life PBR Emerging Practices and Implementation
    Insights Into Life PBR Emerging Practices and Implementation In this article, we explore key insights ... interest sensitive life and term) have been the primary focus for robust pricing analysis. Many term ...

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    • Authors: Dylan Strother, Haley Christine Jeorgesen , Ellen Smith
    • Date: Nov 2020
    • Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life