Description: A discussion of life insurance securitizations and how they can be structured to provide surplus relief associated with onerous reserve requirements.

Description: Discusses features and actuarial aspects of the Truth in Lending Act.

Description: The following commentary, after highlighting the strong linkage that currently exists between valuation reserves and nonforfeiture value requirements, discusses the origins of this relationship. It is concluded that this linkage is undesirable and should be severed. Editor’s Note: This report was prepared for use by the Committee on Non-forfeiture Values. Mr. Gardner is Vice Chairman of the Committee.

Description: A discussion of the political, economic, and demographic environment in Europe and its impact on the life insurance industry.

Description: This article describes some implications of increasing government intervention in the industry, such as the potential to eliminate the industry's ability to classify risk due to anti-discrimination laws and pressure to expand social 'insurance' programs

Description: A committee chaired by former Prime Minister, Sir Harold Wilson, has published its findings from a study on the functioning of British financial institutions and their value to the economy. This article reports on five of the report's topics that are of special interest to actuaries.

Description: Author identifies the issues, especially as they relate to smaller insurers, and then lists some provisions of current pending federal legislation.

Description: The article discusses the proposed revisions to the AOMR Actuarial Opinion and Memorandum and how it will affect insurance companies.

Description: This article discusses regulatory proposals and developments at both the state and federal level that call for small insurer vigilance.

Description: A review of Actuarial Guideline AXXX