Understanding the principles-based approach
Life webcast
12-1:30 p.m. (EST)
Nov. 16, 2006
This webcast was presented Thursday, Nov. 16, 2006. from noon until 1:30 p.m. EST. It is part of a series of webcasts on the Life Practice Council's effort to develop a principles-based approach for regulating reserves and capital.
Registration
Registration is closed.
About the webcast
The webcast is designed to give participants a broader understanding
of key issues involved in the principles-based initiative,
with an additional focus on issues identified in a recent
Tillinghast survey of life insurance CFOs. The webcast also
includes:
-
Discussion of how the pricing process may change as a result of the principles-based approach
- A review of key elements of proposed life reserve model regulations
- A look at how the Academy proposal relates to international accounting and solvency projects
- Discussion of the role of principles-based peer review and potential changes that may be needed at the NAIC to accommodate a principles-based approach to reserving and solvency testing
Speakers
- Larry Bruning, Kansas Insurance
Department chief actuary, chair of LHATF's SVL2 Subgroup,
chair of the Academy's Centralized Exam Office Team
- Tom Kalmbach, co-chair of the Academy's Life Reserves Work Group
- Jack Gibson, managing principal for Towers Perrin's North American life practice
- Dave Neve, co-chair of the Academy's Life Reserves Work Group
- Dave Sandberg, the Academy's vice president for life insurance issues
Questions?
- For technical assistance with online registration or webcast participation, please call WebEx customer support (866.779.3239) or contact WebEx online customer support.
- For other types of assistance, please contact Phillip Hafler at the Academy (hafler@actuary.org; 202-223-8196).
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