Description: This article explores the complexities and potential problems with respect to tax reserves that could result from a retroactive application of a principle-based reserves PBR approach for life insurance reserves.

Description: Full version of Taxing Times, May 2006, Volume 2, Issue No. 1.

Description: Full version of Taxing Times, May 2007, Volume 3, Issue No. 2.

Description: This session at the 2004 Valuation Actuary Symposium provides an overview of statutory valuation issues for life and annuity products including the Actuarial Opinion and Memorandum Regulation, variable products reserving standard, adoption of 2001 CSO, C-3 Phase II RBC project and nonforfeiture changes.

Description: Full version of Taxing Times, September 2007, Volume 3, Issue No. 3.

Description: Own risk and solvency assessment (ORSA) is emerging as a requirement for insurance companies in many countries. Enterprise risk management is also being used in banking and other industries. This provides an opportunity for actuaries to expand further into other industries, especially with the CERA credential.

Description: Discusses the achievements of the Taxation Section in 2009 – tax education opportunities, expanded section involvement at meetings expansion of tax content on the SOA exams.

Description: The Taxation Section chairperson talks about member benefits, CPD requirements, seminars, webinars and educational opportunities.

Description: A discussion of, first, the three-year transition period for adopting principle-based reserves and how it might not apply to tax reserves, and second, the tax impact of adding investment options to in-force contracts.

Description: Information about three new programs the Society of Actuaries has implemented to build and support actuarial communities through enhanced university engagement.