Valuation of Life Insurance Liabilities: Establishing Reserves for Life Insurance Policies and Annuity Contracts

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  • Used Book in Good Condition

This text is listed in the Course of Reading for SOA Fellowship study in the Individual Life and Annuity specialty, and the Life and Health Qualifications Seminar of the American Academy of Actuaries. This text covers basic principles of statutory life insurance and annuity valuation with primary emphasis on U.S. practice and secondary coverage of Canadian practice. This book is a concise treatment of valuation for practicing valuation actuaries and those considering a career change into valuation. It also demonstrates the connection between a statutory valuation and the U.S. Annual Statement. It provides important information required for qualification to sign Statements of Actuarial Opinion in the U.S. Included with your purchase is a CD containing models demonstrating all of the technical calculations contained in the text.

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One Response to Valuation of Life Insurance Liabilities: Establishing Reserves for Life Insurance Policies and Annuity Contracts

  1. Mark S. Smith says:
    3 of 3 people found the following review helpful
    5.0 out of 5 stars
    Updates Tullis & Polkinghorn, 3rd ed., March 10, 2009
    By 
    Mark S. Smith (Washington, DC) –
    (REAL NAME)
      

    This review is from: Valuation of Life Insurance Liabilities: Establishing Reserves for Life Insurance Policies and Annuity Contracts (Hardcover)
    This is an update of the 3rd edition of the book by the same title by authors Tullis & Polkinghorn. I find the book more accessible to a non-actuary than was the third edition, and there are discussions of more recent product design features such as various guaranteed benefits.
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