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Discount rates using an Economic Default Adjusted Rate (“EDAR”) Rob Esson, Senior Policy Fellow – International Affairs, NAIC Presentation to IASB/FASB January 19, 2011
[object Object],What is EDAR?
[object Object],[object Object],[object Object],Products and assets are interrelated
Current and future valuation ,[object Object],[object Object],[object Object],[object Object]
Principles Based Reserving ,[object Object],[object Object],[object Object]
EDAR overarching objectives ,[object Object],[object Object],[object Object],[object Object]
EDAR characteristics ,[object Object],[object Object],[object Object],[object Object]
How complex is EDAR to calculate? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Ok, how do I do it? ,[object Object],[object Object],[object Object]
Is EDAR generalizable? ,[object Object],[object Object],[object Object],[object Object]
Why EDAR? ,[object Object],[object Object],[object Object]
Questions?

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Edar Iasb Fasb Presentation

  • 1. Discount rates using an Economic Default Adjusted Rate (“EDAR”) Rob Esson, Senior Policy Fellow – International Affairs, NAIC Presentation to IASB/FASB January 19, 2011
  • 2.
  • 3.
  • 4.
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  • 6.
  • 7.
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