Description: This article is a discussion of a measure of life insurance policy cost which the author refers to as “aggregate administrative cost ratio,” based on figures from the life insurance companies’ annual statements filed with state insurance commissioners. The article provides the formulas for calculation and demonstrates how the cost ratios can be a useful tool for an individual considering the purchase of life insurance.

Description: Provides clarification of the level-price method for comparing the cost of 2 different policies discussed in March 1969 article by William Gould, which drew on this author's work. This method applies to cash value life policies.

Description: Article from The Actuary, June 1972 – volume 6 - Issue 6 presents the discussions of State Taxation which was presented at the October meeting of the Actuarial Club of the Pacific States.

Description: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides the author's observation of the Interest Adjusted Method for illustrating policy costs.

Description: This is the second report, entitled Philosophies in the Computation and Dissemination of Dividend Illustrations, of the Society’s Committee on Cost Comparison Methods and Related Issues. Like the first report The Actuary-March 1975, this was prepared at the request of the NAIC.

Description: Global megatrends in technology are disrupting the life insurance industry.

Description: In this paper we use expectations of different random variables to define the notions of retrospective, prospective, individual, and aggregate net premiums for plans with contingent obligations.

Description: This paper describes the application of source of earnings 'SOE' analysis methodology to the reported pre-tax GAAP income of universal life and other interest-sensitive life and annuity products.

Description: This report has been assembled by the Task Force as a comprehensive guide to practicing actuaries in evaluating the impact of AIDS on the solvency of life and health insurance companies in the US and Canada. From Transactions of Society of Actuaries 1988, Vol. 40, Pt. 2.

Description: This paper deals with the problem of determining the effect on reserves of variations in the assumptions. A general approach to this problem is presented and then used to extend Lidstone's theorem, mainly to cases involving a nonmonotone critical function. From Transactions of Society of Actuaries 1981, Vol. 33.