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Digest of Discussion at Concurrent Sessions
business purpose as follows: "The Equita- ble's primary purpose is to provide sound, equitable, and economical ... down to assigning relative weights, our stated primary purpose dictates minimum product cost, and it ...- Authors: Society of Actuaries
- Date: Nov 1971
- Competency: External Forces & Industry Knowledge>External forces and business performance; Relationship Management>Staff management and motivation; Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Management partnership; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Management skills; Economics>Behavioral economics; Economics>Financial markets; Enterprise Risk Management>Governance; Finance & Investments>Investment strategy - Finance & Investments; Financial Reporting & Accounting; Health & Disability; Life Insurance>Underwriting - Life Insurance; Pensions & Retirement
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Financial Underwriting for Individual Life Insurance
insurable interest. In those circumstances extra care must be taken in underwriting the financial risk ... amount of personal insurance permissible is a direct function of the proportion of income deemed properly ...- Authors: John Gummere, Michael Hale, Robert E Hunstad, Courtland C Smith, Charles N Walker, Harry A Woodman, Andrew C Webster, Maxwell Baskin, Alexander Marshall, Application Administrator
- Date: Oct 1973
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Underwriting - Life Insurance
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Time Series Analysis and Forecasting
important models but also because they are series of direct concern to actuaries. Figure 4 displays the series ... for correlation among the observa- tions. The primary purpose of fitting models to time series data is ...- Authors: James C Hickman, Robert B Miller, Frank Reynolds, Richard W Ziock
- Date: Oct 1973
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Regression analysis
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Principal Features of the Railroad Retirement Act of 1974
any age if she had a child of the employee in her care. The new act provides that the spouse of an employee ... either has attained age 65 or has a child in her care, or can receive a reduced spouse's annuity when ...- Authors: Robert J Myers, Norman Solomon, A M Niessen
- Date: Oct 1975
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Social Insurance>Social Security
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Accounting and Related Problems
agement tool but one which has to be used with extreme care. When an earnings statement is prepared for such ... first method is to determine the total reserve by direct calculation. They do a prelimi- nary valuation ...- Authors: Society of Actuaries
- Date: May 1957
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Statutory accounting
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Accident and Sickness
today's first dollar pattern of hospital and medical care coverages have reached a point where they are beginning ... infla- tion and also due to improvements in hospital care. A recent study made by his company, The Travelers ...- Authors: Society of Actuaries, John M Bragg, James F MacLean, Carman A Naylor, Daniel W Pettengill, William G Schneider, Alan M Thaler, Charles N Walker, Jim Pendergrast, James Harold Miller, Richard J Mellman, Josephine W Beers, Henry F Rood, Thomas H Kirkpatrick, George H Davis
- Date: Oct 1954
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Health & Disability>Health insurance
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Valuing a Life Insurance Company
analysis are real estate, large mortgage loans, and direct placements. Determining the value of the home office ... business by agency and type of producer is needed. A primary question is the permanency of the agency force ...- Authors: Melvin L Gold, Robert C Tookey
- Date: Apr 1962
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments; Finance & Investments>Economic value; Financial Reporting & Accounting>Statutory accounting
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Experience-Rating Group Life Insurance
while the entire portfolio remained profitable. If care was taken by the actuary to develop as unbiased ... pure accounting method does not provide for a direct recovery of the deficit. In policy years following ...- Authors: John C Angle, William A Bailey, Application Administrator, Theodore W Garrison, Hans U Gerber, Donald A Jones, Edward J Porto, William J Schreiner, Myron Henry Margolin, James E Jeffrey
- Date: Oct 1974
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Group plans - Life Insurance; Modeling & Statistical Methods
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Actuarial Considerations in Cost Analysis
ASSUMED IST YEAR ANNUAL PREMIUMS OF $500,000 ) Direct Operating Costs Issue ] Underwriting Prem. Collection ... analy- sis of the particular job being done is more direct and should therefore be more effective. * Examples ...- Authors: Manuel Gelles
- Date: Nov 1952
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Expenses - Life Insurance
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Book Reviews and Notices
over the long range would then remain, to be taken care of by additional financing. The short-range financing ... earnings-related OASDI pro- gram should remain the nation's primary means of providing economic security in the event ...- Authors: Society of Actuaries
- Date: Oct 1975
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Pensions & Retirement