Description: This report summarizes the results of a mortality and pricing survey. It indicates significant differences between the mortality assumptions for different product lines and even between different companies within a single product line. Widespread differences in mortality expectations between products may give individuals an advantage by acting on inefficiencies in the financial services market.

Description: The tables here proposed are called the Annuity Mortality 1950 tables. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.

Description: Panelists discuss: [1] the tax implication of NAIC changes to reserving requirements, [2] the new NAIC Valuation of Life Insurance Policies Model Regulation [Reg. XXX], [3] Actuarial Guideline 33 [AG 33], [4] AG 34, and [5] highlights of an actual IRS audit involving these NAIC actuarial guidelines and regulations. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: This session from the 1983 SOA Vancouver Meeting covers U.S. Federal Income Tax including TEFRA, flexible premium contracts, Modified Premium Whole Life Reinsurance, future tax planning and policyholder taxation. From Record of Society of Actuaries Vol. 9, No. 3

Description: This literature guide provides a grounding in tax-sheltered annuities 'TSAs' and pertinent regulations. TSAs are only available to tax-exempt organizations.

Description: Generally accepted accounting principles 'GAAP' are those that apply to external financial reporting of publicly owned business enterprises. The principles that constitute GAAP vary between stock and mutual insurers, from product class to product class, and according to the purchase status of the business. This paper highlights additional reading materials that provide concise information regarding GAAP principals.

Description: Digest “fast facts” from report The Potential Impacts of Climate Change on U.S. Inland Flood Risk by Mid-Century by downloading a new U.S. Flooding infographic.

Description: This session from the 1983 SOA Spring Meeting discusses federal income tax and life insurance including specific products - UL, Annuities and Modified Premium Whole Life, Stop Gap, and phantom dividends. From Record of Society of Actuaries Vol. 9, No. 2.

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, covered U.S. Social Security issues. Topics included: 1. Financial status of the Social Security program. 2. Changes recently adopted and proposed. 3. Impact of these changes on the private pension system 4. Role of the actuarial profession regarding the Social Security program. The following papers were referenced in this discussion: OASDI Earnings Test, by Warren R. Luckner Measures of Actuarial Status for Social Security: Retrospect and Prospect, by Dwight K. Bartlett III

Description: The National Center For Health Statistics recently came out with preliminary 2006 U.S. population mortality statistics—showing lower mortality and a record life expectancy!