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Article: Milliman Advocates Reasonable Valuation and Capital Standards.
- Article from:
- PR Newswire
- Article date:
- November 25, 2008
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SEATTLE, Nov. 25 /PRNewswire/ -- Milliman, Inc., a leading provider of actuarial consulting services to the life insurance industry, today announced its support of efforts by the National Association of Insurance Commissioners (NAIC) and the American Council of Life Insurers (ACLI) to develop reserve & asset valuations as well as capital standards that more fairly and accurately reflect the underlying economics of the life insurance business.
"As the current state of the economy illustrates, there are times when the nation's insurers require access to the capital markets. Overly conservative and prescriptive standards for statutory based reserves, asset ...