Description: Often an investor is offered an annuity for a fixed purchase price. The computation of the yield rate implied by this transaction must presently be computed by an iteration scheme, usually on a computer. With reasonable parameters, the problem of determining the yield rate can be readily solved with a desk calculator. From the Actuarial Research Clearing House 1982, Vol.1.

Description: Small pension plans, are using Cost of Living Allowances 'COLA' in calculating benefits. This paper examines ways to handle COLA in valuations.

Description: This paper shows that Balucci hypothesis imposed on a survivorship function over a closed interval is dual to the uniform distribution of deaths hypothesis imposed on the survivorship function over the same interval.

Description: It is assumed that the force of interest varies as an auto-regressive process of order 2, AR[2]. The moments of the accumulated value of 1 paid at the beginning of each period, for n periods, are developed using moment generating functions.

Description: This panel discussion session focused on the practical applications of risk theory.

Description: This is a panel discussion session examining the future of individual comprehensive medical expense insurance including trends, state regulation, plan design, and financial experience. From Record Of The Society Of Actuaries Volume 8, Number 4

Description: Panel discussion session on universal life examining marketing strategy, product line management, replacement programs, federal income taxes from three different viewpoints, mutual company, stock company, and Canadian company

Description: This is a panel discussion session on pension products focusing on markets, distribution systems and differing viewpoints on products. From Record of Society of Actuaries Vol. 9, No. 1