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Live Reserving And RBC Webcast

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The life practice council at the American Academy of Actuaries has scheduled a free, 1-hour regulatory reform Web conference to start at noon Thursday.

Speakers will talk about efforts to shift away from use of static formulas for life insurance company reserves and risk-based capital levels, toward use of flexible “principles-based” methods for setting appropriate reserve and RBC levels, according to the AAA, Washington.