Description: Panel discussion about GAAP and FASB considerations, and statutory accounting issues. From the 1978 Record of Society of Actuaries, Vol. 4, No. 3.

Description: From the Record 1977 Vol. 3, No. 4, this presentation is from a concurrent session at the Society of Actuaries 1977 Annual Meeting, held in Boston October 24-26. In this session the panelists discuss earnings by line of business as defined by the statutory blank, as well as finer subdivisions within lines. In this discussion differences between statutory and shareholder reporting, and use of a “corporate” line of business are discussed. Methods to allocate federal income taxes and expenses, including philosophy with respect to sales overhead, are addressed.

Description: Panelists in this session discuss and debate Return on Equity [ROE] and other financial measures for mutual life companies, the treatment of dividends, taxes, and other items under various approaches, and the perspective of mutual companies versus stock companies in this context. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Presented at October 1996 Annual Meeting. Discusses the status and future impact of new and emerging issues in financial reporting and taxation.

Description: This session will be devoted to providing brief updates on the status and future impacts of new and emerging issues in financial reporting. The Canadian update will include the potential implications for U.S. reporting.

Description: Covers current and emerging issues in statutory and GAAP financial reporting in the United States and Canada. One segment focuses on the Financial Accounting Standards Board [FASB] proposal for a new accounting model for universal life insurance, with comments by a member of the FASB staff. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Panelists, which included the chairman and some other members of the task force, discuss their final report. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: Presented at May 2002 Spring Meeting. Discusses changes to reserving and tax regulations and the implications they have on product development.

Description: Experts discuss: [1] recent life-insurer M&A transactions, [2] the seller's perspective, including their motivation and their actuarial appraisal of the book of business, [3] the buyer's perspective, including their motivation and their actuarial appraisal, [4] due diligence, [5] Purchase GAAP [PGAAP], [6] issues that arise at or after the transaction's closing, and [7] reinsurance and non-reinsurance programs that address capital-management and tax-planning needs for such a transaction. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: Panel discussion about GAAP and FASB considerations, and statutory accounting issues. From the 1978 Record of Society of Actuaries, Vol. 4, No. 2.