Description: The Society of Actuaries Smaller Insurance Company Section, the Financial Reporting Section, and the Committee on Life Insurance Research are pleased to make available new research investigating simplified methods for determining reserves under VM-20.

Description: The multi-risk scenario generator is an output of the Smaller Insurance Company Section’s sponsored Principle- Based Reserves Simplified Methods study performed by Mark Birdsall, Steve Strommen, and Brian Hartman. The scenario generator can be used for all material assumptions in an actuary’s cash flow projection software.