Description: Discusses the severe adverse effects on U.S. capital markets that will occur due to the passage of FAS 115, which requires marking certain assets to market without a corresponding adjustment to liabilities.

Description: FASB's Statement of Financial Accounting Standards No. 97 contains wide-sweeping changes to the preparation of GAAP financials for insurance companies. The focus of this article will be on the ramifications of the interest rate FASB has decided to use to amortize deferred acquisition costs.

Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: A summary of a preliminary report from the Committee on Valuation and Related Problems, on guidelines for quantifying balance sheet items in an insurance enterprise.

Description: This article discusses the impact on the financial statements of changing from Statutory Accounting to GAAP Accounting and the under-reporting of long-term earning power by insurance companies because of the AICPA technique of handling the transition.

Description: Article from The Actuary,December 1986 – Volume No. 20, Issue No. 10 that discusses statutory accounting for computer software.

Description: The article gives background on the Brazilian insurance market and summarizes the newly released regulations which deal with revised reserving guidelines and new capital requirements. Additional capital requirements are promulgated for credit, market, legal, underwriting and operational risks.

Description: In determining a company's general purpose financial statement earnings in conformity with the Audit Guide for Stock Life Insurance Companies the Audit Guide, it is necessary to consider what basis may be deemed appropriate for establishing claim reserves on health insurance policies. The bases for determining the other values taken into a general purpose financial statement have been considered elsewhere. This articel briefly considers the difference in reserves calculated for statutory reporting verses those same reserves calcualted for other purposes such as GAAP.

Description: A copy of a recent 1967 ruling of the New York Insurance Department on the treatment of graded premium policies in Schedule Q.

Description: This article describes the Investment Year Method for allocation of general portfolio investment income and demonstrates the equivalence of a fixed index or declining index system.