Description: This is an update, as of July 2020, on projects in process and those recently completed sponsored by the Financial Reporting Section.

Description: This article describes a simple but powerful tool for use by valuation actuaries and auditors when evaluating current assumptions for use in GAAP net premium reserve methods that require retrospective updating for actual experience and assumption changes. As a supplement, this tool can fill some holes left by existing tools. It produces results that can be compared to materiality thresholds at any level of aggregation, from a single reserve cohort up to the combination of all cohorts for all products subject to retrospective net premium reserve requirements. It can also serve as a benchmarking tool for estimated the possible effects of an assumption change or to help in explaining the effects of an actual assumption change.

Description: Editor’s Notes by G. Thomas Mitchell from The Financial Reporter, October 1999, Issue No. 40.

Description: Blazing the Path for a Unified Valuation System by David K. Sandberg from The Financial Reporter, June 2000, Issue No. 42.

Description: Some Observations on Fair Value Accounting by Paul Margus from The Financial Reporter, December 2001, Issue No. 48.

Description: Full version of The Financial Reporter, Issue 47, September 2001.

Description: International Accounting Standards (IAS): On Top of Insurers’ Minds, Comments from the Chair, Letter from the Editor: Call for Articles, Asset Adequacy Analysis, Practical Considerations for Implementing the New Statement of Position for Long Duration Contracts and Separate Accounts.

Description: discussion of the ongoing developments in reserving and risk-based capital RBC requirements for variable annuities including stochastic scenario projections

Description: Reflections on some of the things the Financial Reporting Section of the Society of Actuaries accomplished over the preceding year.

Description: Valuation Approaches for FAS 133 DIG Issue B36: Embedded Derivatives: Modified Coinsurance Arrangements and Debt Instruments That Incorporate Credit Risk Exposure That Are Unrelated or Only Partially Related to the Creditworthiness of the Obligor Under Those Instruments”