Description: The ACLI porposed some changes to the current Standard Valuation Law even though Principles Based Reserving PBR is being considered as SVL II by the regulatory community. This article outlines the current SVL, those recent changes to the current SVL and the implications of the changes.

Description: This article discusses how small companies, by staying simple and focused and not taking immeasurably disastrous risks, bring sanity to an insane world.

Description: The current drafts of the principle-based reserves PBR model law and accompanying regulations appear to include credit life insurance within the scope. It is expected that once the scope of PBR is expanded to include accident and health insurance, credit disability will fall within its scope as well. This article describes how will this affect credit actuaries.

Description: This article discusses response of LHAFT to Proposed Actuarial Guideline XYZ

Description: This article discusses the potential characteristics of health care reform and the associated impact on small insurance companies.

Description: This article explains the concept of 'duration' for measuring asset sensitivity to interest rates, looks at different types of duration, and implications of relying on the wrong measure.

Description: This article discusses the pending elimination of Section 7 exemption for small companies.

Description: Three tax-related articles of interest to those associated with smaller insurance companies.

Description: Describes several regulatory changes that may impact the actuary working in a small company. These changes are not related to Principle Based Reserving.

Description: This article explores Simplified Issue SI as a product. There is a small-company slant toward SI whole life because the vast majority of my experience with SI is in the senior market. However, most of what will be discussed still applies to all SI.