Description: Suggestions have been made that life insurance cash values should depend on the prospective mortality, based on underwriting, of the insured evaluated at the time a cash value is applied for. This paper explores a simple model for determining cash values on such a basis and some practical problems associated with it.

Description: The purpose of this paper was to examine the job and compensation of the ordinary life insurance agent in relation to commissions and expense regulation and to examine how well the industry responds to customer needs, and consider how the system might be changed. The paper establishes some criteria for evaluating appropriateness of systems of both agent compensation and expense regulation. The paper is followed by submitted discussion papers

Description: 1992 SOA Annual Meeting, Washington, D.C. This session on repricing the in-force book of business addressed ASB requirements, data gathering, assumption setting, modeling considerations, coordination with financial areas, par versus interest-sensitive products, and communicating results to management.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session provides a brief overview of futurism techniques which can be employed in the strategic planning process, such as environmental scans or Delphi studies. A case study approach is used to provide attendees with a hands-on learning process.

Description: This session from the 1984 SOA Atlanta Meeting covers the special problems and opportunities of a small company, specifically, tracking current developments, the role of the actuary, distribution systems and other actuarial problems.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panelists discuss distribution systems that are viable in the future with emphasis on the middle markets.

Description: This presentation at the SOA 1998 Maui I Spring Meeting explains the concept of futures studies as opposed to predicting the future. Various possible future scenarios are discussed especially with respect to the actuarial profession.

Description: 1993 SOA Spring Meeting, Boston. This session addressed the problems unique to mutual companies. Topics addressed included: 1. In search of capital. 2. Merger/acquisition considerations. 3. The demutualization alternative. 4. Profit crunch. 5. Joint ventures. 6. Lessons from other countries - Canada, Mexico, Britain.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. Noting that continuing education can be much more efficiently accomplished if it is planned, the speakers discuss the development of their own continuing education plans, in the broader sense of career and professional development. Another topic of discussion is the Society of Actuaries’ ‘Professional Actuarial Specialty Guides’ and the committee that has done a tremendous amount of work in putting them together. Participants are asked to review their career development plans using a self-scoring test instrument. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: Complete Actuarial Futures newsletter from January 1998.