Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • GAAP/Purchase GAAP Issues
    immediate annuities (SPIAs) that have significant mortality risks. So they're classified under FAS 60 and ... reserve with current best-estimate assumptions for mortality, administrative expenses, and interest (which ...

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    • Authors: J Duran, Charles D Friedstat, Daniel J Kunesh, Edward Robbins
    • Date: Jan 1996
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Accounting For Interest-Sensitive Products
    B.F. DUNN* CHARLES D. FRIEDSTAT Recorder: LINDA S. NEED o Types of productsinvolved Universal life ... had a rather simple contract (such as a lottery annuity), where you received an amount of money; you immediately ...

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    • Authors: B F Dunn, Charles D Friedstat, Daniel J Kunesh, Linda S Need
    • Date: May 1986
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities; Financial Reporting & Accounting; Life Insurance>Universal life