Description: This article summarizes the results of the survey covering industry practices relating to the valuation of variable annuities under FAS 133/157 including implied volatility parameters used in the FAS 133/157 liability scenario generator, non-performance risk and liquidity premium adjustments to discount rates, as well as the determination of risk margins.

Description: Description of FASB redeliberations on targeted improvements for long duration contracts as of the end of 2017, including a summary of the anticipated impacts

Description: Insurance companies are not immune to liquidity risks.

Description: The proposed new table, recommended as suitable for a new Group Annuity Reserve Valuation Standard, if accepted and adopted by regulators, would incorporate the use of generational mortality into statutory reserving requirements for group annuities for the first time. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Discusses how AG 34 provides a clarification of CARVM for variable annuities with MGDB’s.

Description: Discusses some of the new and different ideas being considered by the Wilcox Committee that is working on the Unified Valuation System, UVS, especially as they relate to smaller companies.

Description: Practical Considerations for Implementing the New Statement of Position for Long Duration Contracts and Separate Accounts .

Description: Feature article discussing the results of a recent ULSG AG38 Valuation Research Report.

Description: Building on the Part 1 article, Introduction to the Representative Scenarios Method, this article describes testing the methodology with respect to four product types, fixed indexed annuities with GLIBs, level term life insurance, universal life with secondary guarantees, and variable annuities with GLWBs. This Part 2 article describes testing results, refinements to the RSM methodology, and next steps.

Description: Update from the ACLI about its continued contact with Treasury relating to AG VACARVM and Life PBR.