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Friday, May 16, 2008, 1:49 am |
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| We are ALWAYS looking for new material. |
| If you know of any issues that should be shared, PLEASE let us know! |
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| ACLI & NAIC Hot Topics |
| The following ACLI and NAIC links will take you to a couple of valuable sites containing ample current information relevant to the insurance industry. |
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| Articles by NAC Members |
| Below are links to articles authored by NAC members. If you know of other links, please contact send them to the Webmaster. |
| Multiple Members: CBA Brochure "Worth a Million" Max Rudolph: Risk Management, page 20 |
| Implications of the Lowered '06 Stat. Val'n Rate |
| The following link will open an informative article by Towers Perrin / Tillinghast that discusses the implications of a lower 2006 valuation rate upon life insurers. |
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| Pandemic - Avain Influenza (Bird Flu) |
| Avian influenza virus usually refers to influenza A viruses found chiefly in birds, but infections can occur in humans. The risk is generally low to most people, because the viruses do not usually infect humans. However, confirmed cases of human infection have been reported since 1997.. (more). |
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| Sarbaines-Oxley Act |
| The following link will take you to the Society of Actuaries' "Financial Reporter"'s December 2004. On page 12 is a very good overall article on the impact of the Sarbanes-Oxley Act (SOX 404). |
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| Spreadsheets - Yay or Nay? |
| Spreadsheets are often a "stop-gap" approach to solving shortcomings of data provided by our computer departments. However, are we creating more problems for ourselves by using them? |
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| Statutory Reporting to be Replaced with "Fair Value" Reporting |
| This change will eventually occur, per the Financial Accounting Standards Board's "convergence" of U. S. standards to International standards. Specifically, via adoption of International Accounting Standard 37 (Provisions, Contingent Liabilities and Contingent Assets) and IAS 39 (Financial Instruments: Recognition and Measurement). |
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| Uncertain Stock Markets |
| The uncertainty of investments is creating a nightmare for several companies trying to match assets to liabilities and still retain profitability. Below are a few helpful investment links: |
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