Codification

Codification

• One other issue I did want to touch on is the effort of the NAIC on codification.
• I’m sure that a lot of you have not paid a lot of attention to codification. It seems like an effort that the accountants are making, that we hope won’t effect us too much. The effort on codification is a very serious and broad effort at the NAIC. The people working on it are not just looking at codifying current practice. They’re also looking at changes.

—  CRAIG R. RAYMOND

1995 – SOA – VASP – Valuation Actuary Symposium Proceedings – Session 2 – Life and Annuity Valuation Issues, VASP952 – Society of Actuaries – 18p