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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 ...

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    • 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
  • Reinsurance - Selected Topics
    meeting is still in the planning stages, but the primary topic will be suggested treaty provisions and reinsurance ... reinsurance business for many years, and which is also a direct writing company, we're interested in what happens ...

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    • Authors: Sue Collins, John E Tiller, William K Tyler, Melville J Young
    • Date: Oct 1983
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Public Policy; Reinsurance
  • Ask the Experts
    of years down the road. Perhaps one way to take care of that is to just make certain that, as interest ... MR. STEVEN A. SMITH: You said that one of the primary issues is whether or not the contract is FAS ...

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    • Authors: Frank S Irish, Paul F Kolkman, Robert Stein
    • Date: Jan 1993
    • Competency: External Forces & Industry Knowledge
    • Topics: Actuarial Profession>Best practices; Public Policy
  • Meeting of the Individual Life Insurance and Annuity Product Design Section
    the Society in sponsoring seminars or sponsor and direct seminars. Research - we may define and recommend ... members and we know that all of you have different primary interests. Some of the people up here are very ...

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    • Authors: Gregory J Carney, Michael B Hutchison, Jay Jaffe, Howard H Kayton, Richard W Kling, D Alan Little, Lynn C Miller, John O Montgomery, Richard A Swift
    • Date: Oct 1982
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession; Public Policy
  • Agent's Compensation: Individual and Group Aspects
    good news is that in- flation, especially in health care, has created higher premiums and more commission ... more frequently include vision care and dental care, especially dental care. These products have the effect ...

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    • Authors: Joseph R Brzezinski, Stephen Carter, J Ross Hanson, Alice M Neenan
    • Date: Oct 1979
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance; Life Insurance>Marketing and distribution - Life Insurance; Public Policy
  • New Standard Valuation Law SVL
    topic is that you need to choose your clientswith care. Obviously,this is more applicableto the consultingactuaries ... company-employedactuary, you need to choose your employer with care. You need to try and work for a company that wants ...

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    • Authors: Douglas Doll, Donna Claire, Douglas Knowling, James N Gorsline
    • Date: Jun 1993
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Public Policy
  • Valuation Issues Arising from the Current Economic Environment
    greater. We have demographics concerning health care, pension systems and the labor force, which we ... the hedge program right. The hedge program doesn't care about the value of volatility in the marketplace ...

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    • Authors: David A Ricci, Francis Sabatini
    • Date: Sep 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Reinsurance from the Ceding Company's Point of View
    reinsuring; and how we select reinsurers. Our primary reasons for reinsuring are for excess retention ... working in a direct operation sometimes do not appreciate the needs and pressures on a direct writer. It ...

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    • Authors: John E Bailey, Johanna B Becker, William J Casill, Jeffrey Katz
    • Date: Oct 1995
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Public Policy; Reinsurance
  • Statutory Reserving Update-Annuity Products
    after Actuarial Guideline 34. However, unlike the primary risk under AG 34, where the concern is providing ... future—that is, short-term market volatility—the primary concern for VAGLBs lies with both volatility and ...

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    • Authors: Donna Claire, James W Lamson, Jonathan Wooley
    • Date: Oct 2000
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Capacity and Solvency - The Outside Influence
    policyholders and claimants have an indirect effect on the primary objective of insurer solvency. Today in the brief ... insurers in that state in proportion to their net direct written premiums. The NAIC model bill for legislation ...

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    • Authors: Robert P Hill, Joseph W Levin, Frederick S Townsend, William Fairley
    • Date: Apr 1978
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Public Policy