One other issue I did want to touch on is the effort of the NAIC on codification. I'm sure that a lot of you have not paid a lot of attention to codification. It seems like an effort that the accountants are making, that we hope won't effect us too much. The effort on codification is a very serious and broad effort at the NAIC. The people working on it are not just looking at codifying current practice. They're also looking at changes.
-- CRAIG R. RAYMOND
1995 - SESSION 2: Life and Annuity Valuation Issues - VALUATION ACTUARY SYMPOSIUM PROCEEDINGS - 38p