Description: This article demonstrates how returns on GAAP capital are related to the internal rate of return, which is calculated on a statutory basis. The purpose of this paper is to further develop this relationship.

Description: This document is composed of the questions and comments received to date on the initial report of the SOA’s research report on Financial Reporting for Insurance Contracts Under Possible Future International Accounting Standards.

Description: A review of the classic business book Built to Last, originally published in 1994. Looking at the past twenty years -- how have the BTL companies done? How have their comparison companies fared? Read the review and find out!

Description: Review of changes made to life insurance taxation in Australia.

Description: Identifies current trends and considerations when setting the mortality improvement assumption for individual life insurance in the US.

Description: The Financial Accounting Standards Board FASB, which promulgates accounting standards under US GAAP, and the International Accounting Standards Board IASB, which promulgates accounting standards for many countries outside the United States, have been working for several years on a joint project on accounting for insurance contracts. The boards agree on many aspects of the proposed accounting model. However, as of December 2011, there are a number of key areas where they do not. This article summarizes the boards’ views on the key areas where they disagree.

Description: The author reviews and provides analysis of a report prepared by Douglas H. Carruthers, Q.C., as special legal counsel, to review the relationship between insurers and the public and in particular, the role of insurance intermediaries in the province of Ontario. The report was completed in 1975 and made public in 1976, and effectively recommends a new regulatory framework. The author of this article analyses and critiques the various proposals in the report.

Description: This article on insurance regulation discusses the highlights of the Optional Federal Charter OFC – current developments, its opponents and proponents, accounting implications, and implications for small insurers.

Description: This is a discussion of miscellaneous topics. From the Transactions of Society of Actuaries 1962, Vol. 12 Pt. 2 Includes discussion of automation opportunities, persistency studies, and stop-loss and catastrophe reinsurance

Description: Article Pacific Insurance Conference BANFF 1979 by McCracken in The Actuary, December 1979, Volume 13, Number 10