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Moving Beyond Retrospective Testing for LTCI Reserves
Moving Beyond Retrospective Testing for LTCI Reserves For establishing the ongoing ... adequacy of claim reserves for blocks of long-term care insurance, retro testing is a blunt tool, the results ...- Authors: Allen J Schmitz, Daniel A Nitz
- Date: Dec 2007
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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Adjusted (Non-GAAP) Earnings Under LDTI
the core business functions. It represents the primary activities that the company must successfully execute ... earnings for disability income (DI) and long-term care (LTC) writers. Several large life writers experienced ...- Authors: Maya Perelman , Ben Hanley, Gene Paul Del Castillo San Valentin (Paul)
- Date: Sep 2023
- Competency: External Forces & Industry Knowledge
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting
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September 2015 Reinsurance News
companies can no longer rely on agents to be their primary point of contact with their middle market clients ... financial com- pany I deal with, “online” is the primary (if not only) way that I access my account in- ...- Date: Aug 2015
- Competency: External Forces & Industry Knowledge>General business skills
- Publication Name: Reinsurance News
- Topics: Financial Reporting & Accounting; Reinsurance>Financial reporting for reinsurance; Reinsurance>Life reinsurance; Reinsurance>Long-term care reinsurance; Reinsurance>Marketing and distribution - Reinsurance; Reinsurance>Pricing - Reinsurance; Reinsurance>Product development - Reinsurance; Reinsurance>Reserving - Reinsurance; Reinsurance>Stop-loss insurance; Reinsurance>General reinsurance
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The Consulting "Regulatory" Actuary
state audits (exams) of insurance companies. The primary concern of the state insurance departments is ... usually do annuities and/or health (but not long-term care). RISK-FOCUSED EXAMINATIONS Risk-focused examinations ...- Authors: Sarah Christiansen
- Date: Apr 2020
- Competency: Professional Values; Results-Oriented Solutions
- Publication Name: Expanding Horizons
- Topics: Financial Reporting & Accounting
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Risk Management Terms
these two pieces of legislation have been the primary drivers of ERM. (See, for example, Ernst and ... exception of hospitals, we chose only firms whose primary business was designated as the industry selected ...- Authors: Marjorie Rosenberg, Peng Shi, SHINICHI KAMIYA, Joan Schmit
- Date: May 2007
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Enterprise Risk Management>Risk categories; Finance & Investments; Financial Reporting & Accounting
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Economic Advantages of Offshore Life Reinsurance
Islands and the Cayman Islands. These are the primary locations of inter- est to U.S. insurers because ... $0 in every year. 4. Add Federal Excise Tax The direct U.S. insurer will incur a federal excise tax of ...- Authors: Kenton L Scheiwe, MARGARET IRENE OCONNOR
- Date: Mar 2003
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Reinsurance News
- Topics: Financial Reporting & Accounting; Reinsurance
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An Update on Taiwan's Insurance and Actuary Community
patient. There is an increasing need of managed care since the current Panamanian econ- omy has encouraged ... low-to-middle class population need quality medical care and the govern- ment does not have the capabil it ...- Date: Feb 2004
- Competency: External Forces & Industry Knowledge
- Publication Name: International News
- Topics: Financial Reporting & Accounting
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December 2016 edition of The Financial Reporter
insurer’s domestic state regula- tor will have primary responsibility for monitoring compliance with ... regulatory oversight of PBR? Andy: One of the primary differences between the current statutory reserving ...- Authors: Society of Actuaries
- Date: Dec 2016
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting
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T3: Taxing Times Tidbits
premium reserve” in the New York Insurance Law. The primary purpose of the unearned premium re- serve was to ... the standard of care required of the return preparer is greater than the standard of care required of the ...- Authors: Peter Winslow, Emanuel Seth Burstein, Samuel A Mitchell, Lori J Jones, John Keenan
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge
- Publication Name: Taxing Times
- Topics: Financial Reporting & Accounting
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Use of Embedded Values Shareholder Value by U.S. and European Insurance Companies
Bacon & Woodrow surveyed for management. The primary goal of an senior executives of selected large ... requirements and because GAAP results continue to be the primary basis for evaluating companies in the financial ...- Authors: Allan Affleck, Steven Schreiber
- Date: Sep 1998
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: International News
- Topics: Finance & Investments>Embedded value; Financial Reporting & Accounting