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Examples
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Legislative, regulatory or tax changes, both domestic and foreign, that affect the cost of, or demand for, LNC's products, • the required amount of reserves and / or surplus, or otherwise affect our ability to conduct business, including changes to statutory reserves and / or risk-based capital ( "RBC") requirements related to secondary guarantees under universal life and variable annuity products such as Actuarial Guideline 43 (also known as "VACARVM"); restrictions on revenue sharing and 12b-1 payments; and the potential for U.S.
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Actuarial assessments include things like Years of Service, Age of Retirement, Years of Benefits, Salary Increases (due to seniority), Benefit Increases (due to age).
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The author at William J. Polley in a related article titled Actuarial assumptions and my beef with H.R. 530 writes:
Actuarial Scoring Errors, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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The normally mild-mannered Kling suggests that: "Actuarial scoring" of Social Security and the reform proposals is a menace. and he concludes: On reflection, the am ...
Actuarial Scoring Errors, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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'Actuarial Deficit' does not seem to be the best measure here; perhaps we should just stick with 'expenditures' or 'net govt expenditures' to better understand what amount will not be covered by the 'pay as you go', program-specific revenues.
The Budget Debate, VII, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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The group's Life Actuarial Task Force is in an early stage of what could be a months-long deliberative process before any change in the industry's reserve requirements would take effect.
Insurers' Reserves Examined Leslie Scism 2011
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In partnership with the Goldenson Center for Actuarial Research at the University of Connecticut UConn, we have developed an ERM program for small businesses.
Jay Vadiveloo: Enterprise Risk Management: Are We Ignoring the Segment With the Most Critical Need? Jay Vadiveloo 2011
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The Accountancy and Actuarial Discipline Board AADB said PwC had admitted its standards had fallen short after it allowed the UK securities arm of JP Morgan to appear to be complying with rules requiring client money to be kept separate from the bank's own funds between 2002 and 2008.
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In partnership with the Goldenson Center for Actuarial Research at the University of Connecticut UConn, we have developed an ERM program for small businesses.
Jay Vadiveloo: Enterprise Risk Management: Are We Ignoring the Segment With the Most Critical Need? Jay Vadiveloo 2011
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The industry's independent regulator, the Accountancy and Actuarial Discipline Board, pondered mightily and decided that PwC also deserves a record fine.
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