Description: This session from the 1992 Valuation Actuary Symposium explores claim reserves, including reserves for stop-loss products, claims reserves for group disability insurance products LTD, and claim reserves for shorter term claim payouts primarily major medical type products and Medicare supplement type products. It also covers Actuarial Standard of Practice 5 dealing with incurred health claim liabilitities.

Description: Chairperson’s column discussing the recent activities of the SOA’s Reinsurance Section.

Description: Feature article describing a simple and ready solution that allows a hedging program to operate effectively without risk of mismatch due to mortality fluctuations.

Description: The article provides several examples of projects led by actuaries who are applying advanced data analytics and big data to solve industry-specific business problems.

Description: Discussion of a Society of Actuaries research report on cost comparison methods life insurance sales illustration support, prepared at the request of the NAIC

Description: Discussion of the necessity of nonforfeiture laws for life insurance and the inconsistencies in the laws between comparable products.

Description: Feature article discussing the changes IFRS 4 Phase II will have on reinsurance contracts.

Description: This presentation is a concurrent session from the Annual Meeting of the Society of Actuaries, held, October 24-26, 1977 in Boston. The panelists discuss criticisms that have been made of life insurance companies' handling of dividend apportionment and dividend illustrations for individual life insurance and annuities. They discuss whether actuarial organizations should respond to these criticisms, and whether this can be done by formulating appropriate Guides to Professional Conduct and Opinions as to Professional Conduct. Specific dividend issues are discussed. Discussion from Participants is included. From the Record of Society of Actuaries, Volume 3, No. 4.

Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Discussion of Subjects of Special Interest’ addresses actuarial considerations relating to determining the maximum amount of coverage on an individual, and practical arrangements for issuing group insurance in large amounts at low cost.

Description: This paper develops a tool that may be useful in explaining the differences between earnings that are reported under GAAP and profits that are expressed as an internal rate of return.