2000s - Actuarial - Snippets
- C. Life Insurance is only Balance sheet where 99% of the reserves (the major liability risk item) include no indication of what the company actually believes about the listed future obligations other than that they are adequate. (p49)
2001 12 - AAA to NAIC - Risk Management in the Insurance Industry - Session 7a, American Academy of Actuaries - 51p
- 2008 1120 – NCOIL - Life Insurance & Financial Planning Committee Minutes - National Conference of Insurance Legislators - 6p
- Dave Sandberg with the American Academy of Actuaries (AAA) ... said companies in Australia, the United Kingdom, and Canada were subject to principles-based reserving requirements, and had remained solvent despite the far-reaching impacts of a global credit crisis.
- He said the current reserving requirements in the United States hid the real risks.
- Dave Sandberg with the American Academy of Actuaries (AAA) ... said companies in Australia, the United Kingdom, and Canada were subject to principles-based reserving requirements, and had remained solvent despite the far-reaching impacts of a global credit crisis.
- Product designs can be complex, with benefits contingent on a range of potential risks that may vary over time, as well as with certain guarantees made by the insurer.
2009 1124 - AAA to GOV (House) Barney Frank (D-MA) / Spencer Bachus (R-AL) - Financial Regulatory Reform Task Force of the American Academy of Actuaries - 3p