1
-
10
of
13
results (0.59 seconds)
Sort By:
-
Hitting the Target: Improvements to U.S. GAAP for Long-Duration Insurance Contracts
Hitting the Target: Improvements to U.S. GAAP for Long-Duration Insurance Contracts After a summary ...- Authors: Steven Malerich
- Date: Dec 2015
- Competency: Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
-
Pricing for the Volatility Risk of Traditional Actuarial Risks
part, the traditional actuarial risks such as mortality, morbidity and lapses, have been relegated to ... volatilitus are being analyzed in this paper are mortality, morbidity and lapse risks. Even though this paper ...- Authors: Jeyaraj Vadiveloo, Charles I Vinsonhaler
- Date: Mar 2003
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Enterprise Risk Management>Risk measurement - ERM; Finance & Investments>Risk measurement - Finance & Investments
-
Distance Learning Up Close
Distance Learning Up Close Discussion of Society of Actuary's efforts to provide continuing ... Learning Up Close Discussion of Society of Actuary's efforts to provide continuing education resources ...- Authors: John Riley
- Date: Sep 2002
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Financial Reporter
- Topics: Actuarial Profession>Professional development
-
Using Relevant Experience Data to Increase Credibility and Reduce Margins
experience from other sources in setting a company’s mortality experience assumption: b. Company experience ... company experience for books of business within the mortality segment. ii. Experience from other books of ...- Authors: Marianne C Purushotham, Mark Birdsall
- Date: Sep 2017
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Financial Reporter
- Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Risk measurement - ERM; Experience Studies & Data>Mortality; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance
-
Dynamic Assumption-Setting for Variable and Non-Variable Annuities
Marianne Purushotham and Mark Birdsall An nu al S ur re nd er R at e 30% 25% 20% 15% 10% ... lowing contract benefit utiliza- tion categories in Table 1. Exhibit 2 shows rates of full surrender by ...- Authors: Mark Birdsall, Marianne C Purushotham
- Date: Sep 2015
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Financial Reporter
- Topics: Annuities>Policyholder behavior - Annuities; Annuities>Variable annuities
-
GAAP Targeted Improvements—Unlocking Persistency
that noise. Both articles examined effects when mortality devi- ates from the original valuation assumption ... assumption. In contrast to earlier illustrations of mortality, persistent lapse variances and the eventual ...- Authors: Steven Malerich
- Date: Mar 2018
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance
-
GAAP Targeted Improvements: Unlocking 2.0
Figure 2 adds the extrapolated adjustment to Figure 1’s term insurance illustration. Rather than drifting ... Statements Prepared in Accordance with U.S. GAAP ASOP 10’s section 3.3 (Best Estimate Assumptions) says ...- Authors: Steven Malerich
- Date: Dec 2017
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance
-
Resolution of Circularity Issues in SOP 03-1
date” (para- graph 31). An example is a two-tier annuity where the lower-tier balance is available on cash ... becomes apparent: Expected gross profit depends on mortality and/or annuitization liabilities, which depend ...- Authors: Michael Lesar
- Date: Aug 2004
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
-
GAAP Targeted Opportunity
old problem in a new way. TRUE UP FOR ACTUAL MORTALITY EXPERIENCE Figure 1 shows quarterly income for ... experience is performed only once each year and the mortality assumption is changed at the beginning of year ...- Authors: Steven Malerich
- Date: Jun 2018
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance
-
Setting Ascribed Premiums for Market Risk Benefits under FASB Targeted Improvements
benefit (GMxB) guaran- tees embedded in variable annuity contracts clearly fall under this definition. ... each of the three alternatives are summa- rized in Table 1. DISCUSSIONS Comparing the three alternatives ...- Authors: Shaowei Yang, David Ruiz
- Date: Jun 2017
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Fair value accounting; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]