Description: The purpose of this paper is to set forth a precise method of testing reserves based upon the time-honored accumulation formula, which requires the production of reserves and transactions by attained age.

Description: Author traces the tax treatment of deficiency reserves, beginning with the 1959 Act, illustrating how the decisions made in the development of the 1959 Act continue to affect the tax treatment of those reserves today.

Description: This session at the SOA 1990 San Francisco Spring Meeting focuses on AIDS including an update on the epidemic and discussion about the actuarial implication of four case studies.

Description: The effect on level premium reserves of a change in the interest or mortality basis can often be predicted by the results obtained in Spurgeon's Life Contingencies, Chap. X, pp. 185-190. This note offers formulas to demonstrate the effect of such changes.

Description: This session at the 2004 Valuation Actuary Symposium provides an overview of statutory valuation issues for life and annuity products including the Actuarial Opinion and Memorandum Regulation, variable products reserving standard, adoption of 2001 CSO, C-3 Phase II RBC project and nonforfeiture changes.

Description: This article provides some insights into the creativity employed in cash flow testing to help ensure the sound survival of small companies that have limited means.

Description: This session is about the Report on Actuarial Principles and Practical Problems with Regard to Nonforfeiture Requirements but it also includes a summary of written responses to the Report, developments on the regulatory scene, and recent work of other committees studying nonforfeiture or related areas. From the 1976 Record, Vol. 2, No. 3.

Description: The main focus of this report is the presentation of information and methodologies to support the analysis of the financial impact of AIDS on individual companies writing life insurance in the U.S. Topics include reserving and development of valuation tables used for both statutory and GAAP accounting. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: Key considerations when modeling reinsurance to calculate reserves under PBR as well as a case study examining the impact of reinsurance structures on reserves.

Description: Discussion of the paper 'The Effect of Varying Interest Rates' by Charles Connolly.