Description: This article discusses awards and prizes that will be given to eligible articles submitted to The Financial Reporter. Article from The Financial Reporter, August 2004, Issue No. 58.

Description: Discussion of the Proposed SOP dealing with DAC on Internal Replacement

Description: Adopting U.S. GAAP for Pre-Need Plans in the Philippines by Frank J. Buck from The Financial Reporter, December 2002, Issue No. 51.

Description: This article is designed to provide a statistical method for reviewing the accuracy of the incurred but not reported IBNR life claim liability estimates from prior points in time.

Description: Cautions against putting too much faith in financial models - such as the IASB's proposal to accrue future expected profits on the day a policy is issued.

Description: Discusses the new Principles for Accounting Standards published in September 2009 by the Monitoring Board for the International Accounting Standards Committee Foundation - oversight group for the IASB, and provides other IASB updates for the July-September period.

Description: Provides a comparison of methodologies between Actuarial Guideline 43 and C-3 Phase II RBC to help the practitioner calculate both RBC and reserves in an accurate but efficient manner.

Description: Article examines some of the shortcomings of Market Consistent Embedded Value reporting as it is currently constructed—particularly in periods of heightened volatility—and recommends some possible improvements that the CFO Forum is likely to consider.

Description: Article discusses valuation and Risk Based Capital results for a sample variable annuity block of business. The valuations were performed under the current rules and guidelines in effect until Dec. 31, 2009 and also under Actuarial Guideline 43 which is effective Dec. 31, 2009. The RBC was determined using the C-3 Phase II methodology. The article also presents analyses of the impact to AG 43 results from extending projection periods and from utilizing alternative economic scenario sets.

Description: Results of an industry survey on life insurance companies' efforts to implement the recently adopted Life Risk-Based Capital Phase II Instructions, which include new requirements for variable annuity contracts. Adopted by the NAIC on October 14, 2005, the new requirements are effective for year-end 2005. Also discusses a summary of the requirements set forth in the instructions.