Description: This article is part of the Digest of Informal Discussion, which took place at the 1957 Society of Actuaries Eastern Spring Meeting, held March 21-22 in New York City. The article identifies the participants and summarizes each person’s comments. The participants discuss adoption of a new mortality table and the need for deficiency reserves, the impact of new tables on participating and nonparticipating companies, and dividend patterns, whether new tables should be expected to remain an appropriate standard for an extended period, and the question of changing reserve and nonforfeiture interest rates. From Transactions of Society of Actuaries 1957 Volume 9, Number 24.

Description: In-depth discussion about HIV and AIDS: [1] mortality-study results, [2] risk-classification challenges, including regulatory issues, [3] mortality-projection methods, [4] significant pricing and valuation – STAT and GAAP – information, and [5] overall industry implications. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: Discusses professional statutory valuation standards, provides an update on the proposal of the National Association of Insurance Commissioners' Life and Health Actuarial Task Force [LHATF], and discusses minimum state requirements and federal income tax deductibility for reserves. From the 1987 Record of Society of Actuaries, Vol. 13, No. 1.

Description: 1992 SOA Regional Meeting, Anaheim. In this panel discussion of the evaluation of the adequacy of capital, the speakers addressed the NAIC risk-based capital proposal, rating agency techniques, and valuation actuary views.

Description: Provides a how-to session on modeling assets and liabilities in the Valuation Actuary's work to comply with the Standard Valuation Law. Comparisons of the methods discussed are occasionally made with the requirements of New York Regulation 126. Session 12 of the 1991 Valuation Actuary Symposium.

Description: The presenters will cover the latest research undertaken by the Individual Life Experience Committee (ILEC). With several years of very robust individual life insurance experience data accumulated through the mandatory Statistical Agent data calls, this vast amount of data allows for various deeper dives into specific segments of business, such as large face amount, older age or juvenile. Speakers will cover studies the committee is currently involved in, future planned efforts, and results from a variety of sub-segments of business. Attendees will learn about emerging statistical techniques in scrubbing data, more refined quintile-grouped data segments, and interesting ways of conceptualizing how A/E results have changed from year to year. There will be something for everyone!

Description: Discusses mortality improvements over the last 20 years, the extent to which premiums on nonparticipating policies reflect the changes in mortality experience, the proposed new valuation table, should valuation tables be split by gender, and extra mortality on substandard lives at very long durations.

Description: This session at the 2004 Valuation Actuary Symposium offers a basic understanding of how to calculate statutory reserves, GAAP reserves, and deferred acquisition cost for a universal life product.

Description: This article from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17, identifies the participants and summarizes their comments. Discussion topics include: whether changes in ordinary insurance mortality are significant enough to consider preparing a more up-to-date mortality table for reserve purposes problems involved in constructing and securing statutory approval of annuity reserve tables with built in mortality improvement factors extent to which differences between current premium rate mortality assumptions and CSO mortality contribute to problems with deficiency reserves and arguments for and against the adoption of a different actuarial basis for deficiency reserves.

Description: This is a discussion about the business effects of adoption of the 1958 CSO mortality table, possible reasons for the declining trend in individual life insurance sales, and effects of NY limitations on commissions and developments in agency earnings that could lead to modifications in the agency system.