Description: Discusses reasons for recent extensive industry changes in premium rates and expected trends, merits of different types of federal income tax treatment in financial statements, and discussion of merits of proposed state regulations regarding classification and allocation of income and expenses.

Description: This paper reviews the unitary and term methods for apportioning net premiums over the life of nonlevel-premium policies and recommends a new method, the unified method, as a method conforming more to the principles of the Standard Valuation Law and accepted actuarial principles. A discussion of the paper follows. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: These are three papers- - Government Pension Plans in Canada - This paper reviews the initial Act from 1952 which was a flat benefit plan and the impending changes to the program to incorporate a contributory earnings-related pension plan. - Current Status of Medicare Proposals - This report provides an update of the dozens of bills pending on the issue. - Relationship of Actuaries and Certified Public Accountants - This paper presents the issues facing insurance companies and accountants where their accounting practices are at variance. From Transactions of Society of Actuaries 1964, Vol. 16, No. 45.

Description: Noting that the Commissioners Annuity Reserve Method has been adopted by almost all states in the past four years as the basis for valuing individual account annuities in statutory statements, the author reviews this reserve method and how the various provisions commonly included in modern deferred annuity policies should be reserved to be consistent with its methodology. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.

Description: This discussion looks at the preparation of the annual statement on a new form, the difficulties of meeting the requirement to report both incurred and cash entries, the problems which have arisen as result of the requirement that net capital gain or loss be split between realized and unrealized, and the effect the continued requirement of a Security Valuation Reserve prescribed by the NAIC will have on matters such as dividend apportionment and reserve strengthening.

Description: Discusses the reasons for changing emphasis on reserve strengthening programs and looks at methods adopted to emphasize the reserve character of undistributed surplus.

Description: 1962 SOA Regional Meetings, Jacksonville and Chicago. This is a discussion about statutory reporting issues surrounding group term and group accident and health insurance. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2.

Description: General discussion session which included the following topics: A. Non-medical limits B. Deficiency reserves for individual life insurance

Description: This session at the SOA 1962 Jacksonville and Chicago Regional Meetings discussed the investment year method. Considerations with respect to taxes, capital gains and line of business other than group annuity were discussed.

Description: This paper discusses gain and loss analysis for group insurance under the following headings: Nomenclature and General Principles, Sources of Gain and Loss under Theoretical Conditions, Gains and Losses Arising in Practice, Comparison with Annual Statement Results and Effects of Changes in the Company's Dividend Formula. Discussions of this paper are included.