Description: Speaker forecasts the future for actuaries at the coming millennium. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: This report explores ratemaking, examines the relationship of gross premiums and profit margins, suggests criteria for measuring contingency and profit margins, discusses the types of assumptions suitable for calculating nonparticipating rates and presents the mathematical technique to determine the premium. A discussion of the paper follows.

Description: This paper presents ratemaking for nonparticipating life insurance including the relationship between gross premiums and profit margins, suitable assumptions, a technique for evaluating in force business and demonstrating results using the methods. The paper is followed by a discussion. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: Discusses views and findings regarding the U.K.'s investment-linked, life assurance and regulations pertinent to issuers of such contracts.

Description: This session from the 1984 SOA Toronto Meeting addresses the changing role of the consulting actuary and the opportunities, problems, and rewards of becoming more heavily involved in the marketing of services and/or the management of a practice area. From Record of the Society of Actuaries Vol. 10, No. 4B

Description: Author lays out his rationale for the development of a Strategic Plan for the Society of Actuaries, intended to both establish the future direction of the profession and preserve the value of the role of the actuary.

Description: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: The Actuary Vol. 22, No. 3. This article discusses how the advantages of the General Agency system which existed prior to the 1970s have diminished materially. Therefore, European companies should be very cautious with any attempts to emulate the North American-type agency distribution system of the late 1980s.

Description: This session from the 1976 SOA Spring Meeting covers the actuary's role and responsibilities with respect to life insurance company invested assets including the development of investment policy and the implications for pricing, reserving, guaranteed cash values and policyholder.

Description: This session at the SOA 1990 Annual Meeting looks at the future of nontraditional actuarial practice in the year 2000 including the areas and external factors creating these jobs and the education, experience and preparation that the actuary will need.