Description: This Report presents the results of a three-year study on Demutualization by a Task Force of the Society of Actuaries. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: The article reviews the creation and interpretation of federal tax law, with specific application to the life insurance industry

Description: In Canada, the actuarial considerations involved in developing financial reporting and disclosure principles have for some years been under active study by the Canadian Institute of Actuaries CIA and others, with a goal of moving toward one system of financial reporting for all users. The author discusses current proposals starting with a 1974 report released by the CIA, and the work of an Advisory Committee with members from the actuarial and accounting professions, industry, and Provincial Insurance Departments, appointed by the Federal Superintendent of Insurance, which completed its work in the form of a written report.

Description: This session will be devoted to providing brief updates on the status and future impacts of new and emerging issues in financial reporting. The Canadian update will include the potential implications for U.S. reporting.

Description: This session from the 1992 Valuation Actuary Symposium focuses on Risk-Based Capital issues and the important points concerning A.M. Best's view of leverage and capital adequacy in the review process.