Materials: PBR Boot Camp, June 6–8

AGENDA

Day 1

• PBR 101—The Basics
• Stochastic, Deterministic, and NPR Reserves
• Reserving Case Study
  • Reference Equation
  • Term Company Case Study
    • Answers
  • ULSG Company Case Study
    • Answers
  • Sophisticated Company Case Study
    • Answers
  • Small Company Case Study
    • Answers
  • DR Example
  • Term Example
• Modeling Caveats
• Modeling Overview
  • Economic Scenario Generator
• Mortality Overview
• Mortality Case Study
  • Attachment 1
  • Answers

Day 2

• Additional Liability Assumption Overview
• Assumption Case Study
• Asset Overview
• Assets Case Study
  • Attachment 1
  • Attachment 2
• Reinsurance Overview
• Reinsurance Case Study
  • Answers
• PBR Model Governance Checklist

Day 3

• Practice Notes—Sources of Information
• Regulatory and Other Considerations
• Regulatory and Other Considerations Case Study and Wrap-Up
  • Attachment 1
  • Attachment 2
  • Answers

Reference Materials

• Proposed Reading Materials
• Actuarial Guideline XXXVIII (AG 38)
• Actuarial Guideline XLVIII (AG 48)
• Life, Accident and Health Annual Statement Blank and Instructions
• VM-20: Requirements for Principle-Based Reserves for Life Products
• Statements of Statutory Accounting Principle No. 51
• Statements of Statutory Accounting Principle No. 52
• Statements of Statutory Accounting Principle No. 54
• Statements of Statutory Accounting Principle No. 55
• Statements of Statutory Accounting Principle No. 61

Materials are available only to registered attendees. If you experience technical difficulties accessing any of the links above, please contact Leiloni Hayward at 202-223-8196 or hayward@actuary.org.