Actuarial Services. The Service Provider shall provide the Company with the following actuarial services:
(a) Experience analysis (loss ratios, persistency, mortality, and special studies), if any, required by Applicable Law (including legally required reporting);
(b) Calculation of all actuarial reserves and liabilities and other actuarial items necessary to prepare SAP and GAAP financial statements and supporting exhibits and Tax filings and schedules, with both: (i) segregation of policy activity into general ledger accounts to track the necessary premium, claim, commissions, policy benefits, etc. by product line as defined by the applicable statutory annual statements, and (ii) certifications of policyholder in force data and reserves as required for valuation purposes;
(c) Determination of rate changes;
(d) Calculation of Tax reserves under CARVM or CRVM, as applicable, meeting the requirements of Section 807(d) of the Code;
(e) Preparation of all information and/or certifications necessary for actuarial opinions, memoranda and/or certifications for annual and quarterly statements;
(f) Maintenance of product files on system;
(g) Ongoing support, as necessary, to compliance function;
(h) Providing responses to state regulators as required;
(i) Providing miscellaneous support to policyholder service; and
(j) Providing the information and/or certifications necessary for the formal actuarial opinions and related reports required by the NAIC Annual Statement blank and other state requirements, the Securities and Exchange Commission (the "SEC"), the NASD, any other regulatory authorities, and external auditors.
Actuarial Services. The Underwriting Manager agrees to provide actuarial support to the Company with respect to the Covered Contracts, including preparation of pricing indications and projections of profitability on Covered Contracts, utilizing and analyzing the results of Risk Modeling Systems, compiling aggregate limit and probable maximum loss data, analyzing historical loss information and estimating loss reserves.
Actuarial Services. TIAA shall provide all actuarial services necessary for the operation of CREF.
Actuarial Services. The Administrator shall provide the formal actuarial opinions and related reports required by the SEC and the NASD.
Actuarial Services. The Administrator shall provide to the Company such actuarial opinions and certifications (or internal reliance letters as applicable), actuarial analyses and related reports as required by Governmental Authorities with respect to the Reinsured Policies, including current and future requirements, formal and ad hoc requests and other items necessary in support of any examination or audit. The Administrator shall also provide to the Company actuarial-related items necessary for financial reporting and disclosures and supporting documentation as required by Governmental Authorities or actuarial standards of practice with respect to the Reinsured Policies.
Actuarial Services. Such actuarial services as shall be necessary or appropriate for the conduct of MMC's business.
Actuarial Services. (1) LMG will assist and provide actuarial support to Hxxxxxx. LMG's responsibilities will vary by each product jointly developed and may include: Provide initial product specification Provide competitive analysis for the product Define pricing assumptions Provide any necessary support for pricing assumptions Share deterministic pricing results Perform sensitivity analysis Provide final product specifications Define actuarial memorandum Provide Actuarial field support Monitor actuarial assumptions Assist in ongoing profit/pricing management of the business
(2) LMG will draft initial policy forms and applications to be used for each product jointly developed. LMG will assist Hxxxxxx in the completion and preparation of filing such forms, and assist in the approval process, LMG's responsibilities may vary with each product jointly developed.
Actuarial Services. FBL shall provide or arrange for the provision of actuarial services as are necessary to meet the actuarial needs of the Companies.
Actuarial Services. ReliaStar Life will provide the following Actuarial Services to RLNY:
Actuarial Services. Provider shall provide actuarial and related services, including product development and implementation, experience monitoring, counseling on reserve requirements and asset-liability matching, and financial reporting.
