Description: Description of a method of calculating life insurance reserves when more than one life is involved. Followed by a discussion paper submitted

Description: This paper develops a tool that may be useful in explaining the differences between earnings that are reported under GAAP and profits that are expressed as an internal rate of return.

Description: An article in which the author encourages members to exercise their right to vote and vote, especially given that steps have begun to expand the actuarial profession and its role in society.

Description: This session from the 1983 SOA Spring Meeting focuses on adding a new line of business in an established company, reasons to consider adding a new line, the resources needed for the line and the performance measures to assess profitability. From Record of Society of Actuaries Vol. 9, No. 1.

Description: This paper begins with an investigation of the conceptual profit model known as Anderson's formula, then it compares Anderson's formula with two alternative profit formulas and discusses some applications and limitations of each method. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This paper attempts to develop an actuarial rationalization for the governance of a mutual life insurance company. It addresses setting surplus targets, long term growth objectives, internal performance accounting, and mergers and acquisitions. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: Presented at May 1985 Spring Meeting. Discusses: Target surplus formulas for specific product lines, Projecting product line surplus needs, How cost of capital is charged to product lines, Criteria to use in allocating capital to or withdrawing capital from specific product lines, Differing techniques appropriate for stock and mutual companies, Differing techniques appropriate for the United States and Canada, How capital allocation relates to regulatory requirements, How capital allocation relates to competition in other industries.

Description: At this 1992 panel discussion, the panelists, including Congressman Dan Rostenkowski, Chairman of the House Ways & Means Committee, discuss health care and comment on some of the health care proposals that are currently on the table, including the Administration's plan for overhauling the health care system. From the Record of the Society of Actuaries Vol. 18, No. 1A.

Description: This session discussion is about the definition of a value-added financial statement, advantages of value-added approach relative to other financial statements, relation of value-added to level-rate-of-return method, treatment of deferrable items and recursive methods of preparing value-added statements. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This is a presidential address to the Society of Actuaries by Donald R. Sondergeld. From Transactions of Society of Actuaries 1992, Vol. 44.