Description: This is the introductory parts of a textbook with this title: Table of Contents, Preface, Acknowledgments, and bios of editor and authors. This text is for the use of students preparing for the Fundamentals of Actuarial Practice Course requirement for achieving the ASA designation.

Description: A company considering the acquisition of, or merger with, another company or the divestiture of an operation may find that issues related to employee benefit programs have a profound effect on the viability ofthe transaction. This paper lists literature for the actuary to broaden his/her knowledge on the subject: both on mergers and acquisitions and on handling of employee benefits.

Description: In problem 24, Chapter 5, of Kellison's 'Fundamentals of Numerical Analysis' it is indicated how a divided difference can be expressed as a ratio of two determinants. This study note shows that this method works well also in the case where some of the arguments of collocation coincide. The rule is: If an argument occurs k times, the derivatives of the corresponding row up to order k-1 should be used in numerator and denominator.

Description: These are solutions for the questions in the study note titled, 'Society of Actuaries Exam MLC Models for Life Contingencies- Sample Questions.'

Description: This literature guide provides a basic grounding in policyholder dividends and other nonguaranteed elements in individual life insurance and annuities in Canada and the U.S. Participating insurance is most often offered by mutuals in the U.S. and by both mutual and stock companies in Canada.

Description: The purpose of this literature guide is to provide the reader with sources of information ranging, from introductory to advanced, in the areas of LTC insurance design, marketing, pricing, and valuation.

Description: U.S. corporate federal income taxation of life insurance companies underwent a major revision several years ago with the adoption of the 1984 Tax Act, following two years of stopgap taxation under TEFRA '1982 Tax Act'. This paper highlights the SOA study notes, a text of the IASA and other documents that provide a comprehensive introduction to life insurance company taxation.

Description: The questions in this study note for Society of Actuaries Exam MLC Models for Life Contingencies were previously presented in study note MLC-09-08. The questions in this study note have been edited for use under the 2012 learning objectives. Some questions were not applicable to the 2012 learning objectives and these questions were removed. Some of the questions in this study note are taken from past SOA examinations.

Description: This note is provided as an accompaniment to 'Actuarial Mathematics for Life Contingent Risks' [AMLCR] by Dickson, Hardy and Waters [2009, Cambridge University Press]. AMLCR includes almost all of the material required to meet the learning objectives developed by the SOA for exam MLC for implementation in 2012. This note aims to provide the additional material required to meet the learning objectives in full. This note is designed to be read in conjunction with AMLCR, and it references section and equation numbers from that text. It is expected that this material will be integrated with the text formally in a second edition.

Description: The scope of nontraditional marketing, as viewed by the Nontraditional Marketing Section of the Society, continues to expand. Originally, it encompassed direct response, credit insurance, and payroll deduction. Recent emphasis has added marketing through through financial institutionsand through pre-need funeral plans. This literature guide provides the user with a summary of representative sources for marketing and product development information.