Description: The financial reporting of insurance is necessarily a complicated process because of numerous and stringent regulatory requirements, the inherent difficulty in estimating both the probability and cost of long-term contingent events, product diversity, and new products, such as equity-linked annuities. This literature guide provides the user with a summary of representative sources of current general information for continuing education purposes.

Description: This discussion looks at the preparation of the annual statement on a new form, the difficulties of meeting the requirement to report both incurred and cash entries, the problems which have arisen as result of the requirement that net capital gain or loss be split between realized and unrealized, and the effect the continued requirement of a Security Valuation Reserve prescribed by the NAIC will have on matters such as dividend apportionment and reserve strengthening.

Description: This article makes a case for implementation of a mortality fluctuation reserve in GAAP accounting.

Description: This discussion looks at the developments in connection with the 1958 CSO Table and the anticipated effects on the adoption of the table on the life insurance business. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: This general session discussion looks at: A. Methods available to decide the percentage of the premium that should be used for life insurance, weekly indemnity benefits, hospitalization and surgical benefits. B. Formulas devised for computing contingency reserves for possible losses on mortgage loans and real estate. C. Extent to which companies are using participating forms for the following coverages: 1. Annuities in the benefit stages and/or supplementary contracts involving life contingencies after expiry of the term certain period 2. Family income and other decreasing term rider benefits 3. Extended term insurance D. Methods developed for pricing annuities and settlement options derived from an annuity table without provision for mortality improvement

Description: The report examines various benchmarks for analyzing option adjusted spreads of the major fixed income asset classes of life insurance companies.

Description: 1988 Valuation Actuary Symposium. This document provides a list of topics and speakers for the 1988 Valuation Actuary Symposium.

Description: The September 2014 Issue of the Financial Reporting Section's newsletter, The Financial Reporter

Description: The report examines various benchmarks for analyzing option adjusted spreads of the major fixed income asset classes of life insurance companies.