Presentation is loading. Please wait.

Presentation is loading. Please wait.

Assessing the Value of Montana State Fund. Concepts of Value For Insurance Entities Statutory (NAIC) Surplus (Multiple of) No Single Correct or Best Method.

Published byHenry May Modified over 9 years ago

Similar presentations

Presentation on theme: "Assessing the Value of Montana State Fund. Concepts of Value For Insurance Entities Statutory (NAIC) Surplus (Multiple of) No Single Correct or Best Method."— Presentation transcript:

1 Assessing the Value of Montana State Fund

2 Concepts of Value For Insurance Entities Statutory (NAIC) Surplus (Multiple of) No Single Correct or Best Method GAAP Surplus (Multiple of GAAP Book Value) Excess of NAIC Surplus Discounted Surplus Value Economic Value Fair Market Value

3 Assessing the Value of Montana State Fund Concepts of Value For Insurance Entities Other Considerations Actuarial Analysis of the Reasonableness of Loss Reserves Goodwill Residual Market Mechanism Consideration for impact on Montana Businesses and Citizens A Qualified and Willing Purchaser

4 Questions ??

Download ppt "Assessing the Value of Montana State Fund. Concepts of Value For Insurance Entities Statutory (NAIC) Surplus (Multiple of) No Single Correct or Best Method."

Similar presentations

HUD Business Agreements & Sophisticated Legal, Tax and Accounting Issues.

HUD Business Agreements & Sophisticated Legal, Tax and Accounting Issues.
1 CHANGES TO SSAP #62 PROPERTY & CASULTY REINSURANCE NAIC Property and Casualty Reinsurance Study Group Chicago, IL May 10, 2005 Michael Moriarty Director,

1 CHANGES TO SSAP #62 PROPERTY & CASULTY REINSURANCE NAIC Property and Casualty Reinsurance Study Group Chicago, IL May 10, 2005 Michael Moriarty Director,
1 U. S. Risk-Based Capital Requirements and Their Context Alfred W. Gross Virginia Commissioner of Insurance National Association of Insurance Commissioners.

1 U. S. Risk-Based Capital Requirements and Their Context Alfred W. Gross Virginia Commissioner of Insurance National Association of Insurance Commissioners.
Seven Questions You Should Ask Your Actuary Presented by: Mujtaba Datoo, ACAS, MAAA, FCA Actuarial Practice Leader Aon Global Risk Consulting Phone: 949-608-6332.

Seven Questions You Should Ask Your Actuary Presented by: Mujtaba Datoo, ACAS, MAAA, FCA Actuarial Practice Leader Aon Global Risk Consulting Phone:
State of Montana Old Fund Discussion Bruce R. Hockman Senior Vice President Towers Perrin Reinsurance 215-963-7744 Senate.

State of Montana Old Fund Discussion Bruce R. Hockman Senior Vice President Towers Perrin Reinsurance Senate.
Goodwill Impairment Goodwill is not amortized. Generally, goodwill will be carried at its acquisition-date assigned value. At some future point in time,

Goodwill Impairment Goodwill is not amortized. Generally, goodwill will be carried at its acquisition-date assigned value. At some future point in time,
Stock Ownership Less Than 100%

Stock Ownership Less Than 100%
Concepts of Consolid. Statements - 1 Parent Subsidiary Consolidated financial statements are prepared. Concepts of Consolidated Financial Statements 2-1.

Concepts of Consolid. Statements - 1 Parent Subsidiary Consolidated financial statements are prepared. Concepts of Consolidated Financial Statements 2-1.
An Action Plan for the Restructuring and Rationalization of the National Intercity Rail Passenger System Briefing by the Amtrak Reform Council February.

An Action Plan for the Restructuring and Rationalization of the National Intercity Rail Passenger System Briefing by the Amtrak Reform Council February.
Casualty Loss Reserve Seminar Risk Transfer Accounting.

Casualty Loss Reserve Seminar Risk Transfer Accounting.
Materiality and Statements of Actuarial Opinion Presentation to Appointed Actuary Seminar September 20-21, 2004 PD-11 Materiality Joseph A. Herbers, ACAS,

Materiality and Statements of Actuarial Opinion Presentation to Appointed Actuary Seminar September 20-21, 2004 PD-11 Materiality Joseph A. Herbers, ACAS,
Reserve Variability Modeling: Correlation 2007 Casualty Loss Reserve Seminar San Diego, California September 10-11, 2007 Mark R. Shapland, FCAS, ASA, MAAA.

Reserve Variability Modeling: Correlation 2007 Casualty Loss Reserve Seminar San Diego, California September 10-11, 2007 Mark R. Shapland, FCAS, ASA, MAAA.
October 5, 2006Purdue University Reserves James Miles, FSA, MAAA October 5, 2006.

October 5, 2006Purdue University Reserves James Miles, FSA, MAAA October 5, 2006.
Understanding the Balance Sheet and Statement of Owners’ Equity Chapter 3.

Understanding the Balance Sheet and Statement of Owners’ Equity Chapter 3.
ICP 14 Valuation Christina Urias Managing Director, International Insurance Regulatory Affairs National Association of Insurance Commissioners.

ICP 14 Valuation Christina Urias Managing Director, International Insurance Regulatory Affairs National Association of Insurance Commissioners.
Natural Disasters and Tax Deductible Reserves Kevin McCarty Florida Department of Insurance CAS Ratemaking Seminar March 11 & 12, 1999.

Natural Disasters and Tax Deductible Reserves Kevin McCarty Florida Department of Insurance CAS Ratemaking Seminar March 11 & 12, 1999.
A Comparison of Property-Liability Insurance Financial Pricing Models Stephen P. D’Arcy, FCAS, MAAA, Ph.D. Richard W. Gorvett, FCAS, MAAA, Ph.D. Department.

A Comparison of Property-Liability Insurance Financial Pricing Models Stephen P. D’Arcy, FCAS, MAAA, Ph.D. Richard W. Gorvett, FCAS, MAAA, Ph.D. Department.
Budget 2013 Synod 14th June 2012. Context Key tasks: Repair finances Increase reserves Improve controls Improve planning.

Budget 2013 Synod 14th June Context Key tasks: Repair finances Increase reserves Improve controls Improve planning.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved.

Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved.
SB304 Montana State Fund Financial Presentation September 23, 2003.

SB304 Montana State Fund Financial Presentation September 23, 2003.

Similar presentations

Ads by Google