Experience in implementing fair value of insurance liabilities

  • Dennis Carr
  • J. Peter Duran
  • Joseph E. Crowne
Part of the The New York University Salomon Center Series on Financial Markets and Institutions book series (SALO, volume 1)


I will begin with some background on ARM Financial Group and how we operate. That will lead into how we became involved in calculating the fair value of liabilities. I will then discuss how we developed our approach to fair value, and I will conclude with a brief list of possible refinements to our approach. Peter Duran will then comment on our approach from an auditor’s perspective.


Interest Rate Discount Rate Cash Flow Balance Sheet Audit Firm 
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Copyright information

© Springer Science+Business Media Dordrecht 1998

Authors and Affiliations

  • Dennis Carr
    • 1
  • J. Peter Duran
    • 2
  • Joseph E. Crowne
    • 3
  1. 1.ARM Financial GroupChina
  2. 2.Ernst & YoungChina
  3. 3.Merrill Lynch LifeUSA

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