Description: Discusses how surplus should be defined, how it should be invested, and how the rating agencies may respond to various approaches. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: In this paper the author discusses pricing insurance products in the larger framework of company planning and management. The author also presents a generalized description of the pricing function, which is applicable to any insurance company product. The author discusses the relationship of the premium formulation function to the management of an insurance company, balancing the requirements of management, shareholders, policyholders, and marketing personnel. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.

Description: The panel discussed conservation strategies for permanent and term insurance. Topics included: 1.Impact on in-force business from new products e.g., continuous reduction in ART rails, non-smoker discounts, universal life: increased policy loans?, replacements?, lapses?, surrenders and _exchanges? 2. Responses from companies: e.g. extension of new cost methods to existing policyholders?, Field compensation when replacing existing business?, internal conservation functions?, update programs policyholder/agent communication strategies? applicability of new products to in-force policyholders. 3. Interest groups which must be considered and differences between stock vs. mutual companies? e.g. Policyholder, agent/broker, management, stockholders, prospective policyholder, legal/regulatory forces IRS, SEC, state insurance departments. 4. Appropriate financial considerations and anticipated results? Is stonewalling a viable alternative? GAAP effects statutory effects use of reinsurance field force compensation/survival, anticipated future mortality results, Federal Income Taxes.

Description: This session from the 1983 SOA Hollywood, Florida Meeting addresses the design and application of internal financial statements including determining the audience, business segments, statement formats and distribution freguency the and relationship of statements to strategic goals. Record of Society of Actuaries Vol. 9, No. 4

Description: An Editorial which encourages taking planned, calculated risks for the long term success of the actuarial profession.

Description: Over the past decade, a small group of actuaries have become deeply involved and more visible in insurance company mergers and acquisitions M&A.

Description: This session from the 1984 SOA Atlanta Meeting covers the deregulation that has already occurred within financial industries including banking regulations regarding underwriting and selling insurance and some insight into possible future deregulation.

Description: Panelists discuss the demand for actuaries in the 21st Century, what actuaries will be doing in the 21st Century, and implications for the selection, education and training of actuaries. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: The author gives a summary of the recent Pacific Insurance Conference.

Description: Presented at October 1986 Annual Meeting. Discusses viable options for second careers utilizing an actuarial background. Society members who have moved into such career paths will offer their perspectives on: their personal experiences and options, the contribution of their actuarial training, how others view the actuary and current and future options available to actuaries.