Monday, May 7, 2012

Standard Valuation Law Annuities

Annuity Nonforfeiture Section 6 Work Group Report (June 2005)
NAIC’s subcommittee, a nonforfeiture law for annuities was developed, which included the prospective the Standard Nonforfeiture Law for Individual Deferred Annuities with respect to individual deferred annuities with a surrender charge at maturity. ... Read Document

Equity-Indexed Annuities -- Reserving And Account Issues
Equity-Indexed Annuities - Reserving and Accounting Issues Lilia M. Sham, Moderator Michael L. Beeson Alan R. Downey John the definition of CARVM in the Standard Valuation Law. In the Standard Valuation Law, CARVM ... Document Retrieval

December 31, 1982 SUBJECT: INSURANCE WITHDRAWN Circular ...
Memorandum described in the New York Standard Valuation Law (Section 205) as special requirements for the use of are used in the valuation of annuities and guaranteed interest contracts, "the company shall submit to the superintendent ... Get Doc

Payout Annuity Reserving And Financial Reporting
– Guideline IX-A defines the reserve for SPIA and other payout annuities – GAAP valuation interest rate should be a function of invested returns with a provision – Statutory: read the standard valuation law, CARVM, actuarial guidelines 9, 33, 34 ... Return Document

Connecticut Standard Valuation Law Actuarial Opinion And ...
Connecticut Standard Valuation Law Actuarial Opinion and Memorandum . Purpose . Authority . Applicability and scope Definitions . . . . . . Annuities Supplementary Contracts with Line Contingencies ; Accidental Death Benefits Disability - Active Lives ; ... Get Document

TN Department Of Commerce And Insurance Mortality Tables Rules
Mortality table for annuities in January 1998 by the National Association of Insurance Amendments to the Model Standard Valuation Law and Standard Non-forfeiture Law for Life Insurance, and referred to in those models as the Commissioners 1980 Standard Mortality ... Get Doc

Bulletin No. 2010-8 February 22, 2010 HIGHLIGHTS OF THIS ISSUE
NAIC STANDARD VALUATION LAW A. Life insurance valuation: Guarantee Duration (years) Calendar Year of Issue 2010 10 or fewer 4.50** D. Valuation interest rates for other annuities and guaranteed interest contracts that are contracts with cash settlement options ... Retrieve Document

304.6-140 Minimum standards.
Except that the minimum standard for the valuation of annuities and pure endowments purchased under group annuity and pure endowment contracts issued prior standard nonforfeiture law or any industrial mortality table, adopted after ... View Document

Minimum Guaranteed Benefits On Variable Annuities VA03 15PD
It stands as an interpretation of the standard valuation law. It was effective for year-end 2002 for most people, but it's temporary. requirements for variable annuities on the statutory reserve side. Those that have ... Doc Retrieval

RULE 90 CHARITABLE ANNUITIES REQUIREMENTS AND REPORTING
CHARITABLE ANNUITIES REQUIREMENTS AND REPORTING SECTION 1. Purpose 2. Authority 3. Definitions 4. Participants 5. Exemptions Using the manner set forth in the Standard Valuation Law for Life Insurance and Annuities, § 23-84-101 et seq., concerning the standard ... Access Document

State Of New Jersey
OF CHARITABLE ANNUITIES FROM: STEVEN M. GOLDMAN, COMMISSIONER SUBJECT: MAXIMUM RESERVE VALUATION AND NONFORFEITURE RATES In accordance with the Standard Valuation Law at N.J.S.A. 17B:19­8 and the Stan dard Nonforfeiture ... Access This Document

Part I Section 807.--Rules For Certain Reserves
____NAIC STANDARD VALUATION LAW____ A. Life insurance valuation: Guarantee Duration (years) Calendar Year of Issue. 2013. 10 or fewer 3.75** More D. Valuation interest rates for other annuities and guaranteed interest contracts that are ... Fetch Full Source

TITLE 13 INSURANCE CHAPTER 9 LIFE INSURANCE AND ANNUITIES ...
Valuation Law, Life Insurance and Annuities, Section 59A-20-31 NMSA 1978, Standard Nonforfeiture Law, Life Insurance, and 13.9.13 NMAC, Valuation of Life Insurance Policies. [13.9.16.6 NMAC - N, 1-1-04] 13.9.16.7 DEFINITIONS: ... Read More

CHAPTER623
623. 06 Standard valuation law. (1) The commissioner shall 2. At the election of the company for' any one or more annually value, For all annuities and pure endowments purchasedprior to November 8, 1977, under group annuity and puree endow- ... Read Content

SENATE BILL NO. 4180 By Kyle, Haynes, Wilder, Marrero ...
Organization's domestic state standard valuation law to be used in determining the minimum standard for the valuation of individual annuities issued during the same calendar year as the charitable gift annuity; and (C) The maximum interest rate permitted under the ... Retrieve Full Source

Chapter No. 895] PUBLIC ACTS, 2000 1 CHAPTER NO. 895 SENATE ...
Determining the minimum standard for the valuation of individual annuities organization's domestic state standard valuation law to be used in determining the minimum standard for the valuation of individual annuities ... Access This Document

INSURANCE BULLETIN 08-09: Long-Term Care Partnership
The Standard Nonforfeiture Law for Deferred Annuities (SNFL), RSMo §376.671 and §376.669, do not permit reductions in cash surrender value except for loans and withdrawals. Any non-variable the Standard Valuation Law, RSMo §376.380.1(1)(e). ... Get Document

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