In this episode, Dan Theodore reads from and summarizes "Life Settlements: Congress Wades Into The Fray" from the October 2012 issue of Taxing Times.

Direct download: LifeSettlementsPodcast_64kps.mp3
Category:Taxation -- posted at: 10:48am CDT

In this podcast Rob Frasca and Henry Siegel will discuss the basics of the International Accounting Standards Board (IASB) and International Financial Reporting Standards (IFRS), such as what is the IASB and what are they responsible for. Also discussed are where the IFRS are required and their status in the United States and which standards are applicable to insurance companies. Rob and Henry will then begin a discussion on the basics of IFRS 4, such as why is it necessary and why is there so much discussion about it. How does it relate to US GAAP? And finally they will cover where it stands right now and the expected timeline for a final standard.

Listen in as Andy Peterson discusses estimating Equity Risk Premium with with Vic Modugno, who recently prepared a paper on the subject for the SOA. Equity Risk Premium (ERP) is the amount by which the stock market index would outperform a risk-free rate. Vic explains the two ways that ERP can be calculated - by using historical data or by using implicit methods. He also discusses the issues with each method, such as standard error with historical data and how to treat buybacks with implicit methods. Vic will also explain how the two methods are converging and the one finding that he thought was most important from the research.

Direct download: Estimating_Equity_Risk_Premium-FINAL.mp3
Category:Retirement -- posted at: 2:11pm CDT

Direct download: healthcare_complex_models_author_discussion.mp3
Category:Health -- posted at: 2:08pm CDT