Description: The author proposes the concept of a risk-free equivalent rate of return on shareholders' equity, or ‘REROSHE,’ as a means of helping business managers make decisions involving risk. The author defines REROSHE as ‘that certain return on an investment of u that will generate the same expected value of utility as will earnings on a line of business supported by surplus u.’ Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.

Description: In this paper the authors discuss the official decennial Unites States Life Tables for 1979-81, presenting age-specific mortality rates and expectations of life. Mortality trends are examined going back to the first decennial tables published at the beginning of the century, and brief comparisons with mortality in other industrialized countries are made. The paper includes written discussion. From the 1985 Transactions Vol. 37.

Description: Independent Auditor's Report prepared by Selden, Fox, and Associates, Ltd. Includes the Statement of Financial Condition, Statement of Revenues and Expenses, a Statement of Cash Flows and supplies Notes to the Financial Statements. From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: This is a presidential address to the Society of Actuaries by David M. Holland. From Transactions of Society of Actuaries 1997-98 Reports.

Description: This paper presents blended 1980 CSO and Commissioners Extended Term CET Smoker and Nonsmoker mortality tables using the same methodology and pivotal age as used in the composite blended tables and for the same percentages of male to total, viz., 80, 60, 50, 40, and 20 percent. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This paper develops a general approach to actuarial calculations in applications that can be modeled as multi-state processes. Such situations arise when benefits are payable upon a change in the status of the insured or while the insured maintains a given status. From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: This paper presents well-known results in the theory of dependent competing risks that are fundamental in extending multiple-decrement theory towards a dependent-decrement theory. From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: This is the Index to Volume 12 of Transactions of Society of Actuaries. From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This is a listing of the members of the Committee on Mortality and Morbidity Among Lives Individually Insured. From Transactions of Society of Actuaries 1962 Reports.

Description: The authors set forth a generalized model describing the application of current law [1976 NAIC model Standard Valuation Law and Standard Nonforfeiture Law] to products of the universal life type. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.