Description: This meeting session from the April 1982 Society of Actuaries meeting in Orlando, presented a discussion on allocation of assets and investment income. The discussions included: implications of allocating specific assets to particular lines of business, introduction and management of specific allocation procedures, and the principal allocation methods.

Description: This is a panel discussion session on the purpose, rationale and conclusions of the Committee for Accident and Health Valuation Principles. Discussion also covers the comments received and any modifications to their original draft report.

Description: This paper discusses adjustable life insurance and certain theoretical problems of these policies. It also covers how the Commissioners Reserve Valuation Method, CRVM, may be extended to cover adjustable life policies and defines formulas for the additional expense allowance at the time of change. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This paper argues by means of a mathematical demonstration that: 1. Natural reserves are not appropriate for adjusting earnings of mutual life insurance companies under GAAP. 2. Adjusted earnings developed by using statutory net level premium reserves together with a nonadmitted asset equal to the present value of unamortized variable acquisition expenses, and, if material, possibly with the reserves for terminal dividends, should bc accepted under GAAP, provided that dividend scales are suitably designed. 3. Other approaches which are essentially equivalent to that in bullet #2, such as those involving historical asset share funds, should likewise be acceptable.

Description: These are three papers- - Government Pension Plans in Canada - This paper reviews the initial Act from 1952 which was a flat benefit plan and the impending changes to the program to incorporate a contributory earnings-related pension plan. - Current Status of Medicare Proposals - This report provides an update of the dozens of bills pending on the issue. - Relationship of Actuaries and Certified Public Accountants - This paper presents the issues facing insurance companies and accountants where their accounting practices are at variance. From Transactions of Society of Actuaries 1964, Vol. 16, No. 45.

Description: This article discusses the impact on the financial statements of changing from Statutory Accounting to GAAP Accounting and the under-reporting of long-term earning power by insurance companies because of the AICPA technique of handling the transition.

Description: General discussion session which included the following topics: A. Non-medical limits B. Deficiency reserves for individual life insurance

Description: Discussion of the establishment of deferred tax assets or liabilities under Statutory codification

Description: Feature article about the transitioning of life insurance products to RBC C3 Phase III.

Description: How actuarial practices have benefited from lessons learned from accountants