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  • Regulatory Update for 2013
    PBR a. Non-variable annuities and long-term care (VM22 and VM25, respectively)—No firm proposals ... the primary demand for PBR and reserve reductions. Also, these products seem to be the primary products ...

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    • Authors: Norman E Hill
    • Date: Mar 2014
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Codification Coming Your Way
    investment both internal and external including direct This is likely to create a receivable, given business ... Regulation A–620, Accelerated Benefits A–641, Long-Term-Care Insurance Model Regulation A–820, Standard Valuation ...

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    • Authors: R Thomas Herget
    • Date: May 1998
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Principle-Based Reserves PBR – More Trends, But Not Resolution
    (VM21) and health insur- ance, including long-term care (VM25). If SVL was adopted among the states, completely ... to require separate cash flow projections for direct and reinsurance ceded portions. 7. Numerous ...

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    • Authors: Norman E Hill
    • Date: Dec 2008
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • 2001 CSO and The Small Company—More Effort Than You Might Think
    to conduct asset adequacy analysis raises two primary concerns for small life in- surers: • What kind ... companies in this position, there are cur- rently two primary methods to address the issue today: • Do nothing: ...

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    • Authors: Michael Taht
    • Date: Nov 2003
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Right-Sizing: A PBA Implementation Guide
    throughout the PBA framework. Your Move. PBA Strategy A direct corollary to the “where to start” question is when ... management strategies, including actions by both direct writers and reinsurers. Moving Target Another ...

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    • Authors: Timothy Cardinal, Steven Stockman
    • Date: Mar 2014
    • Competency: External Forces & Industry Knowledge; Professional Values>Practice expertise
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Actuarial System Implications of VM-20
    Actuarial System Implications of VM-20 Find more information about Actuarial System Implications ... nested stochastic projections branching off of the primary projection path. • Existing models will have to ...

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    • Authors: Rene Harrison
    • Date: Sep 2013
    • Competency: Professional Values>Practice expertise
    • Publication Name: Small Talk
    • Topics: Enterprise Risk Management>Governance; Financial Reporting & Accounting>Statutory accounting
  • Complying with the Actuarial Opinion and Memorandum Regulation in 2010: Which Interest Rate Scenarios are “Moderately Adverse”?
    Complying with the Actuarial Opinion and Memorandum Regulation in 2010: Which Interest Rate ... tells us that interest rates are made up of two primary com- ponents: inflation and growth. What happened ...

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    • Authors: Mark C Rowley, Robert Guth, Donald Walker
    • Date: Jun 2011
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • 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.

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    • 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
  • Introducing the Representative Scenarios Method - Part 1
    life insurance, variable annuities, and long-term care, as well as nonvariable annuities. In Part 2 of ... guaranteed life- time withdrawal benefits, and long-term care insurance, in- cluding the calculations of the ...

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    • Authors: Mark Birdsall, Stephen Strommen
    • Date: Sep 2015
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Small Talk
    • Topics: Financial Reporting & Accounting>Statutory accounting
  • Regulatory Update on Life and Some Health Insurance Issues as of Dec. 21, 2012
    Regulatory Update on Life and Some Health Insurance Issues as of Dec. 21, 2012 An update on the ... (VM22) and health insurance, including long-term care and cancer (VM25), remain under current statutory ...

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    • Authors: Norman E Hill
    • Date: Mar 2013
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Small Talk
    • Topics: Annuities>Fixed annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance