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Current Regulatory Topics Affecting Life Insurance And Annuity Product Development
classification factor. I oppose "Unisex" rating. One of my primary concerns is the potential domino effect of legislation ... availability and price of insurance coverage. The primary bills introduced in Congress are HRIO0, the Non-Discrimination ...- Authors: Gregory J Carney, Martin E Goldman, Richard W Kling, D Alan Little, Peter A Marion, Anthony Spano
- Date: Apr 1983
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy
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Financial Reporting For New Generation Life And Annuity Products
of side-tracking the Academy Committee from its direct review of Recommendation 7, but at the same time ... discussion of this issue at the 1984 SOA meetings. The primary objective is to gain a sense of direction supported ...- Authors: John W Brumbach, Douglas Doll, Thomas J Leary, Cande Olsen, William J Schreiner
- Date: May 1984
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy
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Bancassurance Products
regions, including the U.S. industry. There is no direct representation from either banks or insurance companies ... ruled that a bank in any of these small towns can direct market insurance virtually anywhere. In November ...- Authors: Application Administrator, Oscar Zimmerman, Chris M Rutten, Jean C Gora
- Date: Jun 1997
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Global Perspectives; Life Insurance; Public Policy
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The Appointed Actuary and Health Instance
Note Committee was organized by the State Health Care Issues Committee of the American Academy of Actuaries ... the task force on Valuation Methods for Long-Term-Care Insurance. Michael McLaughlin is a partner of ...- Authors: Michael S Abroe, Burton Jay, S Michael McLaughlin
- Date: Jan 1993
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Best practices; Public Policy
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Professional Development
agree there should only be one actuary with the primary responsibility. MR. DICKE: The next question: ... DICKE: What about the o ther s tates? Would you care to make some comments, Mr. Becker? MR. TED ...- Authors: Ted E Becker, Robert J Callahan, Arnold Dicke, Edward A Johnston, John O Montgomery
- Date: Jan 1987
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Professional development; Public Policy
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Guaranty Funds
dealing with insolvencies in Illinois and as a primary drafter of the proposed NAIC model life guaranty ... rarely used, if ever. In order to fulfill its primary function, when an insurer is declared insolvent ...- Authors: Susan E Dew, Larry M Gorski, Jeffrey S Marks, Ernest R Porter, John C Winter
- Date: Jun 1986
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy
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Current Developments Surrounding Regulations and Standards of Life and Annuity Products
ATKINS: Does anybody think the market could take care of these excesses on its own? MR. MILLER: It demonstratively ... average credit rate tight now is 6-7.5%. I don't care whether you had a discipline scale or an undisciplined ...- Authors: James Atkins, Shane A Chalke, Walter N Miller, Robert E Wilcox
- Date: May 1995
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities; Life Insurance; Public Policy
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Give Me Some Credit! The 50-Year History of Credit Regulation
less the compensation, less something for the direct-writing insurance company. We developed underwriting ... have an insurance company generally formed by the direct writer, and each producer of credit insurance gets ...- Authors: Robert J Butler, Gary T Fagg, William F Burfeind, Bruce Camacho
- Date: Oct 1999
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Health & Disability>Disability insurance; Life Insurance; Public Policy
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New Actuarial Standards for Insurance Company Reporting in Canada
First year commissions are 50% of premiums, other direct first year expenses are 50% of premiums, indirect ... outset, I would like to state that GAAP has as its primary objective the proper matching of costs and revenues ...- Authors: Kenneth T Clark, Daniel J Kunesh, Robin B Leckie, Michael Rosenfelder
- Date: May 1978
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Public Policy
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Life Company Valuation In An Environment Of Change
October 1979 the Federal Reserve Board ended its direct regulation on the interest rate in the United ... mature. 1542 PANEL DISCUSSION Of course the primary purpose of any valuation regulation is to help ...- Authors: Allan Affleck, Gary Corbett, James P Greaton, Robert A Miller, Carl R Ohman
- Date: May 1984
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Public Policy