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PBR Considerations and Benefits for Smaller Insurance Companies
After years of discussion and debate, PrinciplesBased Reserving (PBR) is finally a reality. Small insurance ... electing for the company-wide exemption or adopting the PBR methods. This article discusses the benefits ...- Authors: Alixandra Balestra, Calvin Y K Yeung, Jeffery Stroller
- Date: Nov 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Experience Studies & Data; Experience Studies & Data>Mortality; Life Insurance; Life Insurance>Reserves - Life Insurance
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T3: TAXING TIMES Tidbits
The Tidbit discuss a Revenue Ruling IRS issued to update its position on sales of Life Insurance Contracts ...
- Authors: Mayowa Dauda, Mark Smith
- Date: Nov 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Life Insurance
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Risk Evaluation in the Final Stages of the Pandemic
Evaluation in the Final Stages of the Pandemic The direct and indirect effects of the pandemic have ... have impacted many actuaries’ work since the spring of 2020. This article addresses three considerations ...
- Authors: David Brentlinger
- Date: Jul 2022
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Enterprise Risk Management>Capital management - ERM; Enterprise Risk Management>Risk measurement - ERM; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Stochastic models; Modeling & Statistical Methods>Value at risk - Modeling & Statistical Methods
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Data 101
Data 101 A review of model inputs, suggested methods to getting comfortable with the data that your model ... 2021 As actuaries, we are familiar with the basic components of a model: Model Input, Calculation Engine ...
- Authors: Brenna Gardino
- Date: Aug 2021
- Competency: Communication; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Financial Reporting & Accounting
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Reworking The ABC’s of XYZ
Reworking The ABC’s of XYZ Reworking The ABC’s of XYZ by Tom Kalmbach from Small Talk Newsletter, November ...- Authors: Tom Kalmbach
- Date: Nov 2002
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Life Insurance>Secondary guarantees; Life Insurance>Universal life
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Description of the Development Process for the 2003 GRET Factors
Description of the Development Process for the 2003 GRET Factors This article provides a description of the ... the development process for the 2003 GRET factors. The results were also presented and discussed. Acquisition ...- Authors: Timothy J Harris
- Date: Nov 2002
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Experience Studies & Data; Life Insurance>Expenses - Life Insurance
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The Design and Pricing of Critical Illness Insurance
The Design and Pricing of Critical Illness Insurance This article discusses the design and pricing of ... of Critical Illness insurance policies. Morbidity rates=Morbidity tables;Underwriting; 11160 11/1/2002 ...- Authors: Jeffrey Morris
- Date: Nov 2002
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Health & Disability>Critical illness insurance
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ACLI Valuation Proposal: A Quick Start to the Revision of the Valuation Law?
Quick Start to the Revision of the Valuation Law? The ACLI porposed some changes to the current Standard ... by the regulatory community. This article outlines the current SVL, those recent changes to the current ...- Authors: James Thompson
- Date: Jun 2006
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Actuarial Profession>Standards of practice
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A Relatively Favorable Ruling from the IRS on Treatment of Term Riders
Favorable Ruling from the IRS on Treatment of Term Riders This article details the IRS' Revenue Ruling ... on how to treat family term riders for purposes of the computational limit calculations in Internal Revenue ...- Authors: Edward Robbins
- Date: Jun 2005
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Life Insurance; Public Policy
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Several Ways to Improve Your Use of Excel for Actuarial Production
Improve Your Use of Excel for Actuarial Production This article offers ways to make use of Excel more efficient ... ” In that article, I pointed out some known flaws of Excel: it is a blank slate, it wasn’t designed for ...
- Authors: Stephan Mathys
- Date: Jun 2021
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Small Talk
- Topics: Technology & Applications>Business intelligence; Technology & Applications>Software; Technology & Applications>Visualization