Description: This article presents the abstract for a paper that received fellowship credit entitled, “Simplified Cash Flow Testing of Traditional Participating Whole Life Insurance”

Description: Article The New Life Company Annual Statements In Canada by Johnston in The Actuary, April 1979, Volume 13, Number 4

Description: Article The U.S. Government Cost Disclosure Report by Moorhead in The Actuary, June 1979, Volume 13, Number 6

Description: This article discusses the development of Universal Life insurance in the U.S. from the British perspective. The author notes that despite the different regulatory and fiscal climates in the U.S. and U.K., the key elements of Universal Life design can be found in similar products in the U.K. known there as unit-linked products. The differences in design, in part the result of differing tax policies, are also discussed.

Description: This article discusses the value of policy update programs for life insurance to reflect more current assumptions. One Update program was featured and the article shows the lapse experience of those that accepted the update and those that rejected the update confirm the value of UPDATE programs.

Description: Recently completed experience and research studies from the Society of Actuaries.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 talks about an exposure draft. The Exposure Draft of the American Institute of Certified Public Accountants on Audits of Life Insurance Companies has not apparently had among actuaries the wide circulation it deserves, judging by the relatively few responses to Robert Winters letter in the February issue of The Actuary. This is a most important document because it affects not only the accounting practices of life insurance companies but also the status of the actuarial profession.

Description: Article from The Actuary, January 1971 – volume 5 - Issue 1 is an actuary's view on accountants and adjusted earnings.

Description: Discussion of a Society of Actuaries research report on cost comparison methods life insurance sales illustration support, prepared at the request of the NAIC

Description: Reviews the book 'The Life Insurance Industry's Marketing Dilemma,' by Richard Johns about the transition of Variable Life Insurance 'VLI' from being a high-demand product to its current state of unpopularity. The book demonstrates that VLI can perform well over time, thus providing good consumer value.