Description: This is a discussion about measuring and comparing net costs for life insurance and determining a proper method for doing so. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59AB

Description: This discussion at the SOA 1962 Jacksonville and Chicago Regional Meetings focuses on family coverages and associated issues.

Description: This general discussion focused on: A. The increase on maximum limits on single premiums accepted based on investment conditions, B. Steps a smaller company might take to meet the current demand for pension plans, C. The extent to which companies have: 1. Transferred to their field or district offices functions which had previously been performed in the home office 2. Transferred to the home office or to central collection offices functions which had previously been performed in agency offices D. Steps taken to revise or supplement company retirement plan benefits to recognize higher salary scales and the possibility of still further inflation, E. The advantages and disadvantages of the Bank Loan Plan under which a policyholder purchases a limited payment life policy and borrows part of the premium from a bank, and F. Changes which have been made in War Exclusion Riders, Disability and Double Indemnity provisions.

Description: The American Academy of Actuaries identified two general approaches to the purchase accounting problem in its Interpretation I-D. The approaches are referred to therein as the defined initial reserve method and the defined valuation premium method, and the Interpretation does not show favoritism toward one or the other. This paper submits a 'best' method, arrived at through the following steps: 1. The purchase accounting problem is defined, 2. The effects of the defined initial reserve method and the defined valuation premium method on the ensuing profit projection and resulting balance sheet are examined, and 3. One method is shown to be the most consistent mechanically and most consistent with generally accepted accounting principles 'GAAP'. Finally, this paper discusses a few of the considerations in setting the actuarial assumptions to be used for purchase accounting. The task is slightly less difficult when using the method suggested as best. From Transactions of Society of Actuaries 1982, Vol. 34.

Description: This general discussion focuses mainly on automatic premium loans. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.

Description: This article is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1956 Volume 8, Number 20. The discussion identifies the participants and summarizes each person’s comments. The participants discuss: records and accounting of the varied types of Group Accident and Sickness coverage practices of group insurance policyholders with respect to the continuation of coverage on their retired employees, for life and other group coverages and with respect to small [under 50 lives] groups, types of benefits available, and underwriting, administrative, and marketing issues.

Description: This discussion at the 1968 Philadelphia Regional Meeting focuses on issues for smaller companies including expense analysis, adjusted earnings, variable annuities, agency operations, and interim financial statements.

Description: This paper and discussion is a review of the changes that have occurred recently in the basic principles that underlie the sale and distribution of individual life insurance including underwriting fairness, laws and regulations affecting discrimination, limitations in the underwriting process and competition. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: This discussion is about agency expenses. From Transaction of Society of Actuaries 1961 Vol. 13. pt. 2

Description: This report covers regulations issued and its effect on deposit plans. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.