AG43 VACARVM
We're on top of it.
As you probably already know, the newly adopted AG43 is effective this
upcoming year end. But, did you know that ARC is ready now to help you
prepare for it?
Members of our professional staff have helped the American Academy of Actuaries
for over ten years, starting with proposals for valuing VA living benefits (MMMM),
then for principle-based reserves and RBC (AG43 and C-3 Phase II), and now with
PBA. As a result, we can provide you with superior assistance in complying with
AG 43. ARC offers you consulting guidance and assistance for:
- Comprehensive peer review of your AG43 processes, assumptions, results;
- Modeling general account assets in an integrated actuarial model that AG43 now requires;
- Interpretation of the technical aspects of AG43;
- Calculation of the Standard Scenario;
- Creation of an Excel-based solution for use of the Alternative Methodology;
- Design and implementation of your integrated AG43 actuarial model;
- Generation, extension, or calibration of your AG43 stochastic scenarios;
- Preparation of your actuarial reports and certifications;
- Comprehensive review of your system set-up for valuation, financial projections and PBA; and
- Looking ahead to VM50/51 experience reporting requirements.
For more than 20 years, ARC has provided software and consulting solutions to
the life insurance industry. ARC develops and markets both the ARCVAL valuation
system and the Prophet financial projection system. Our AG 43 and C-3 Phase II
solution, STAR (Stochastic Tools for Actuarial Reserves & RBC), integrates the
best of both of these systems and is ready for you today.
Please contact
Chris Peek or
John Froehle to
discuss how we might be of
assistance to you.