The Valuation Actuary HandbookSociety of Actuaries, Committee on life Insurance Company Valution Principles, 1987 - Actuaries |
Contents
The Concept of the Valuation Actuary in the | 5 |
The Concept of the Valuation Actuary in the | 1 |
Discounting Cash Flows II13 | 13 |
Copyright | |
26 other sections not shown
Common terms and phrases
Academy of Actuaries accumulated values actuarial opinion actuary's adverse selection annual statement annuities asset cash flows assets and liabilities assumptions C-3 risk calculations callable bonds cash flow matching committee company's computed concept considered contracts credited interest rates credited rate defined determine developed discounting discussion duration analysis duration matching earnings economic example financial information financial statements formula future interest rates GAAP reserves GAAP valuation guaranteed immunization insurance company interest rate changes interest rate path interest rate risk interest rate scenarios interest scenario interest-sensitive investment strategies issue lapse rates liability cash flows market rate NAIC option pricing percent portfolio present value price-sensitivity duration projection period put option rates rise regulations scenarios tested Section sensitivity shareholder dividends solvency SPDA standards of practice statutory and GAAP statutory reserves statutory valuation stock brokers surplus needed surrender charge target account traditional valuation actuary yield curve