Variable Annuity Practice Note Work Group practice note on the Application of C-3 Phase II and Actuarial Guideline XLIII. (
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Life Financial Reporting Committee practice note regarding Market Consistent Embedded Values. (
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Financial Reporting Committee practice note on Actuarial Practices Relating to Accounting for Insurance Pursuant to International Financial Reporting Standards. (
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Health Practice Financial Reporting Committee practice note on the Revised Actuarial Statement of Opinion Instructions of the NAIC Health Annual Statement that went into effect Dec. 31, 2010. This practice note is intended to help actuaries both understand and comply with new requirements issued by the NAIC regarding health annual statement filings. (
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Committee on Property and Liability Financial Reporting's 2010 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
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COPLFR cross-practice area subgroup's Model Audit Rule practice note, intended to assist actuaries when supporting management's assertions per the Model Audit Rule, as applied to the evaluation and testing of key controls for the actuarial balances, including loss reserves for the financial reporting process.
( )Health Practice Financial Reporting Committee practice note on practices for preparing health contract reserves. (
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Modeling Efficiency Work Group practice note regarding scenario and cell model reduction. (
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Life Financial Reporting Committee practice note to assist actuaries with application of FAS 133 with respect to variable annuities with guaranteed benefits. (
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Committee on Property and Liability Financial Reporting's 2009 practice note on Statements of Actuarial Opinion on P&C Loss Reserves. (
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Health Practice Financial Reporting Committee practice note on actuarial certification of restrictions relating to premium rates in the small group market. (
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Pension Committee practice note regarding current and emerging practices in the preparation of the certification of a U.S. tax-qualified pension plans adjusted funding target attainment percentage (AFTAP), as required under the benefit-restriction provisions of the Pension Protection Act of 2006 (PPA) and associated regulations. (
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Life Reserves and Capital Practice Note Work Group practice note on applying principles of the September C3 Phase III report to the NAIC. (
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Life Practice Note Steering Committee's addendum to the July 2009 C-3 Phase II and Actuarial Guideline XLIII Practice Note, providing guidance relative to additional questions raised by actuaries dealing with the implementation of Actuarial Guideline XLIII since the practice note was first published. (
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Pension Committee practice note with information for actuaries current and emerging practices in the selection and documentation of certain actuarial assumptions for measuring obligations of defined benefit pension plans. (
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PLEASE NOTE: This practice note was superceded by the 2011 practice note on the Revised Actuarial Statement of Opinion Instructions of the NAIC Health Annual Statement that went into effect Dec. 31, 2010.
Practice Note created by the Health Practice Financial Reporting Committee on the revised actuarial statement of opininon instructions. ( )
Practice Note created by the Health Practice Financial Reporting Committee on the revised actuarial statement of opininon instructions. ( )
Practice note prepared by a work group set up by the Life Practice Note Steering Committee of the American Academy of Actuaries (VA Practice Note Work Group), updating the September 2006 C-3 Phase II practice note and representing a description of practices believed by the VA Practice Note Work Group to be commonly employed by actuaries in the United States in 2009. (
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Life Financial Reporting Committee practice note regarding compliance with Financial Accounting Standards (FAS) 157 and 159. (
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Committee on Property and Liability Financial Reporting's 2008 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
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Life Valuation Subcommittee practice note intended to provide information on common practices and approaches related to actuarial issues for which credibility theory or a related approach may be applied. (
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Life Financial Reporting Committee practice note to assist actuaries working for life insurance companies with the calculation of embedded values. (
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Medicare Part D Accounting Practice Note Subgroup practice note describing some of the current practices used by U.S. health actuaries with respect to work involving valuation, accounting, and financial reporting for Medicare Part D products. (
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Practice note issued by the The Actuarial Equivalence PDP/MA-PD Practice Note Work Group on the actuarial equivalence for private prescription drug plans under Medicare Part D. The practice note addresses the procedural and professional aspects that require certification by CMS of an Academy member that a prescription drug plan or Medicare Advantage prescription drug plan meets the actuarial equivalence standard. (
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Life Financial Reporting Committee practice note describing some of the common practices that might be considered by actuaries in the United States in the application of the Financial Accounting Standards Board's (FASB) Derivatives Implementation Group Statement 133 Implementation Issue No. 36, Embedded Derivatives: Modified Coinsurance Arrangements and Debt Instruments That Incorporate Credit Risk Exposures That Are Unrelated or Only Partially Related to the Creditworthiness of the Obligor under Those Instruments (DIG B36). DIG B36 addresses the applicability of FAS 133 to many modified coinsurance (Modco) and similar insurance transactions. (
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Committee on Property and Liability Financial Reporting's 2007 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
PLEASE NOTE: This practice note was superseded by the 2011 practice note on Statements of Actuarial Opinion on Property and Casualty Loss Reserves. ( )
PLEASE NOTE: This practice note was superseded by the 2011 practice note on Statements of Actuarial Opinion on Property and Casualty Loss Reserves. ( )
Practice note created by the Disease Management Work Group to describe some of the current practices used by U.S. health actuaries with respect to work involving disease management programs. (
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Pension Committee draft practice note providing guidance to actuaries preparing actuarial certifications for multiemployer pension plans under the Pension Protection Act of 2006 (PPA).
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Practice note relating to AICPA Statement of Position 05-1 on insurance accounting for deferred acquisition costs in connection with modifications or exchanges of insurance contracts. (
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Practice note on common practices relating to FASB Statement 133, accounting for derivative instruments and hedging activities, as it relates to variable annuities with guaranteed benefits. (
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Committee on Property & Liability Financial Reporting practice note on risk transfer testing. (
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