What protects the confidentiality of the material in both the report and the summary, and provides legal protection to the appointed actuary except in cases of fraud or willful misconduct by the actuary?
What is the quantitative expression of the cost of the resources required to attain the objectives of the plan, as well as an indication of where in the organization and in what forms resources are expected to be used and expensed?
The amount paid for the securities is reported as a short-term investment, and the difference between the amount paid and the amount at which the securities will be subsequently resold is reported as:
The penalty for reinsurance is carried as a liability in the balance sheet and is a hybrid of:
Over the long-term, the leveling effect for the reinsured is accomplished; however, the reinsurer frequently sustains significant losses in any one or several years, this leveling effect for the reinsured is referred to as which function of reinsurance?
