Description: This is a discussion regarding actuarial considerations for mutual companies and covers such topics as: how is the overall level of retained surplus determined, do companies have surplus management programs, what are the rights of participating policyholders, are Generally Accepted Accounting Principles GAAP being used for mutuals, how do companies reconcile growth and surplus and whether or not limits should be placed on growth and finally, what actuarial considerations are involved in mergers, acquisitions, divestitures and wind ups.

Description: Presented at October 1985 Annual Meeting. Discusses managing risks via product design and investment strategy, and overview of the market and the risks.

Description: Presented at May 2002 Spring Meeting. The panel identifies the risks in various life products and the product development actions that can enable an insurer to manage the risks.