Description: The aim of this paper is to examine relationships, analogous to that of premiums and reserves, for the case of a general insurance with benefits payable in respect to several forms of decrement. Specifically, this paper presents a system of splitting the total premiums and reserves into components related to the different benefits, with formulas distinguished between dependent and independent relationships between premium and reserve components. Discussions of this paper are included.

Description: This report summarizes the results of a mortality and pricing survey. It indicates significant differences between the mortality assumptions for different product lines and even between different companies within a single product line. Widespread differences in mortality expectations between products may give individuals an advantage by acting on inefficiencies in the financial services market.

Description: The Policyholder Behavior in the Tail Risk Management Section Working Group issued its fifth survey to gather the range of assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.

Description: This paper investigates a technique for developing investment assumptions for pricing that are consistent with the investment practices of the company for use in the pricing of single premium immediate annuities. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: A recent SOA regional meeting featured discussion on an age-old actuarial debate: Within the same company, should the return on equity ROE target vary by profit center PC depending upon the risk of the PC?

Description: This panel discussion focuses on expense analysis and allocation. Areas addressed include standard of measure used, inconsistencies in expense allocations, and alternate methods of allocation of marketing expenses.

Description: This is an excel spreadsheet with some data pertaining to an article of the same name from the Product Development News

Description: In a recent Society of Actuaries' regional meeting, there was a discussion on an age-old actuarial problem. Within the same company, should the return on equity ROE target vary by profit center depending upon the risk of the profit center? For example, should company management demand a different ROE from the Group Health line than from the Ordinary Life line?

Description: A pension actuary and a life actuary collaborate to express public pension liability and asset issues in terms and figures that an insurer would use

Description: 2004 SOA Annual Meeting and Exhibit, New York. This session is about pricing life and VA products with untested new features in an uncertain environment.