Description: Conceptual discussion of the financial crisis in our life insurance distribution systems including the cost of developing an agent, the retention of the agent and production/productivity of the agent and agent compensation issues

Description: The panel discusses the recent expense rate experience of smaller companies, the anticipated expense rate changes for the near future and actions taken to keep expense rates down. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: Discusses the use of allocated and marginal expenses in pricing life insurance products.

Description: Summary report of the 2005 Individual Life and Annuity Expense Study. Document contains a description of data used in the study, description of unit cost formulas, list of companies contributing to the study, tables and graphs, etc.

Description: This is a discussion on expenses and how expense analysis affects dividends and premiums. What is the effect of electronic data processing on expenses. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: This is a discussion about life insurance expenses. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

Description: This discussion examines the recent expense rate experience of smaller companies. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: This article provides encourages participation in and provides instructions for participation in the 2010 CLICE study. The objective of the 2010 study is to provide useful unit expense benchmark information to actuaries and their managements from which to assess their own unit expense performance, while expanding the level of contributions. In addition, CLICE expects the results to be useful in enhancing the generation of the Generally Recognized Expense Table GRET in the U.S. used by some companies to demonstrate compliance with the NAIC model sales illustration regulation.

Description: From the Record 1977 Vol. 3, No. 3, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in St. Louis June 16-17. In this presentation the panelists address life insurance company expenses. Analysis of expenses, including standards against which they are measured, and expense allocation are discussed. Inconsistencies in allocations for different purposes, e.g. statutory vs. GAAP, and pricing vs. financial reporting, as well as allocation of marketing expenses, are also discussed.

Description: A review of the development of the 2005 Version of the Generally Recognized Expense Table GRET, to be used to show compliance with the NAIC Life Insurance Illustration Model Regulation and the associated Actuarial Standard of Practice