ارزیابی قانونی قراردادهای زندگی فردی و مستمری‌ها، جلد اول

This book covers the basic principles of the statutory valuation of individual life insurance and annuity contracts in the United States, including experience studies, model governance, and risk-based capital. It was written both for practicing actuaries and those considering a career in financial reporting, product development or risk management. The Fifth Edition of this book, previously titled Valuation of Life Insurance Liabilities has been divided into two volumes. Volume 1 focuses primarily on basic principles, the valuation process, model governance, and formula-based reserves. Volume 2 focuses primarily on principle-based reserves, experience studies, and risk-based capital. (From publisher's website)