Mortality Aggregation Examples at NAIC National Meeting
In August 2019, key concepts for mortality aggregation were discussed at the NAIC National Meeting. The examples presented covered approaches under VM-20 language, emphasizing the importance of informed mortality segment assumptions through credible aggregation methods.
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Long-Term Care Framework Overview
This content discusses the Long-Term Care (LTC) Framework, including the incorporation of Uniform Standards tied to NAIC Model Law and Regulation, scope of reviewed products, coverage of LTC policies and rate schedules, and LTC Rate Review overview focusing on rate stability and actuarial requiremen
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Understanding Captive Insurance: Regulatory Challenges and Framework
Federal agencies express systemic concerns over captive transactions, emphasizing the importance of distinguishing between different types of captives. The NAIC Solvency Framework aims to establish a consistent baseline for accounting practices in the insurance industry while allowing for flexibilit
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Understanding Price Optimization in Auto Insurance Markets
This presentation delves into the concept of price optimization in the auto insurance industry, covering actuarial, economic, and regulatory aspects. It addresses the controversy surrounding price optimization, various state definitions, concerns, and the use of sophisticated tools to quantify busin
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