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Principles Based Valuation—Should SmallCompanies Be Steamed by This Steamroller?

Principles Based Valuation—Should SmallCompanies Be Steamed by This Steamroller? This article discusses the reservations small companies may have about the Principles Based Valuation proposal.
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Description: This article discusses the reservations small companies may have about the Principles Based Valuation proposal. Instead of prescribed methods, assumptions, and tables for statutory reserves, they would be computed based on actuarial judgment in accordance with standards of practice. of practice.
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- Authors: Norman E Hill
- Date: Jun 2006
- Competency: External Forces & Industry Knowledge; Professional Values
- Publication Name: Small Talk
- Topics: Actuarial Profession>Standards of practice; Annuities>Reserves - Annuities; Life Insurance>Reserves - Life Insurance

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Principles Based Valuation—Should SmallCompanies Be Steamed by This Steamroller?