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  • Study Guide for the Society of Actuaries (SOA) Individual Life and Annuities - Life Financial Management U.S. (ILALFMU) Exam

  • By: Philip Martin McCaulay
  • Narrated by: Virtual Voice
  • Length: 7 hrs and 24 mins

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Study Guide for the Society of Actuaries (SOA) Individual Life and Annuities - Life Financial Management U.S. (ILALFMU) Exam

By: Philip Martin McCaulay
Narrated by: Virtual Voice
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Publisher's summary

Prepare for the Society of Actuaries (SOA) Individual Life and Annuities - Life Financial Management U.S. (ILALFMU) Exam with this comprehensive study guide covering essential topics in financial management for life insurance and annuities. This guide is designed to help candidates grasp key principles and methods relevant to U.S. GAAP financial reporting and valuation, providing a solid understanding of the requirements applicable to individual life insurance and annuity products issued by U.S. life insurance companies. Candidates will also delve into U.S. statutory financial reporting and valuation, gaining insight into the regulatory principles and methods specific to the U.S. insurance industry.

Additionally, this study guide explores the intricacies of U.S. insurance product and insurance company taxation, examining the significant impact of taxation rules on product design and management. Candidates will learn to navigate insurance company taxation rules applicable to U.S. life insurers, ensuring comprehensive knowledge in this critical area. Furthermore, the guide covers capital topics, corporate financial management of insurance companies, and international financial reporting and valuation, offering a well-rounded understanding of fundamental concepts, concerns, and tools relevant to insurance company financial management. With clear learning objectives and comprehensive coverage, this study guide is an essential resource for candidates preparing for the ILALFMU Exam.

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