Archive for August 2023
Recent Company Experience
Recent Company Experience Harold G. Ingraham: What is meant by “recent company experience?” With respect to investment experience, is it the portfolio yield based on the book value of the asset portfolio or does it relate to “new money” yield rates and changes in the realizable value of assets? With respect to expenses, does it…
Read MoreThomas Sutton
Thomas Sutton The Actuarial Foundation – Emeritus Trustees – 2023 — [BonkNote] Pacific Life ACLI SOA Tom Sutton, ACLI / Pacific Life – My personal opinion is that I would not have any problem with a kind of disclosure that could be communicated simply, but was based on extensive analysis by someone capable of making…
Read MoreLinda Lankowski
Linda Lankowski 2023 0601 – NAIC – Life Actuarial (A) Task Force Attendees – Donna Claire, Linda Lankowski 2023 – AAA – Life Perspectives, Winter/Spring 2023, American Academy of Actuaries – [link] Donna Claire – Chair – Life Experience Committee Linda Lankowski – Chair – PBR Implementation Work Group Dave Sandberg – gave a life perspective…
Read More1991 – SOA – Illustrations, Society of Actuaries – 20p
1991 – SOA – Illustrations, Society of Actuaries – 20p 1991 – SOA – Illustrations, Society of Actuaries — [BonkNote] — 20p JUDY FAUCETT: We’re going to discuss the preliminary report of the Task Force for Research on Life Insurance Sales Illustrations. 1991-1992 – SOA – Final Report* of the Task Force for Research on Life Insurance Sales Illustrations,…
Read MoreVolatility
Volatility Volatility – Walker v LSW I think you really have to make sure that people understand volatility, whether you solve for a policy blowing up or values being halved. I think you have to catch people’s attention, and that is all to the good. — George Coleman, Prudential, ACLI, TRG-Technical Resource Group for the NAIC…
Read More2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner – Closed Session
2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner – Closed Session 2009 1117 – FCIC – Hearing – Financial Crisis Inquiry Commission – Timothy Geithner, Secretary of the Treasury – Closed Session — [BonkNote] 2009-11-17 FCIC staff audio tape of interview with Timothy Geithner, Department of the Treasury.mp3 [PDF-50p]…
Read More2008 Financial Crisis – ACLI
2008 Financial Crisis – ACLI 2008 1101 – ThinkAdvisor – Smoke and Mirrors?, By Marlene Y. Satter – [link] When ACLI and AIA issued their statements pushing for federal oversight, NAIC accused them of playing politics, reiterating that the state-regulated insurance companies that were part of AIG were sound and “are not the problem.” Further, NAIC…
Read MoreAIG – Seven – Insolvent Insurance Companies
AIG – Seven – Insolvent Insurance Companies 2009 0807 – NYT – A.I.G. Posts Its First Quarterly Profit Since 2007, By Mary Williams Walsh – [link] 2010 0318 – GOV (House) – Insurance Holding Company Supervision, Paul Kanjorski (D-PA) — [BonkNote] — [PDF-183p, VIDEO-?] (p19) – Ed ROYCE (R-CA) – There is a lot of blame to…
Read MorePoint/Counterpoint
Point/Counterpoint 60 Minutes Saturday Night Live – SNL
Read MoreCredit Risk
Credit Risk 1994 – SOA – Credit Risk Study, Society of Actuaries – 20p
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