Description: This paper develops mathematical transformations of variable interest credit and mortality charge scales to simplify calculation of policyholder cash value accumulation and related amounts. These transformations are of theoretical as well as practical interest. Additionally, they suggest new product designs. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: Full version of Product Matters! November 2003, Issue No. 57.

Description: This session from the 1984 SOA Toronto Meeting discusses GAAP Accounting Alternatives For New Products including SPDA's, Universal Life, fixed premium variable life, review of the Audit Guide and the recoginition of premium revenue and variable universal life. From Record of the Society of Actuaries Vol. 10, No. 4B

Description: Panelists prognosticate about the future in terms of economic and financial scenarios, and future insurance markets, products, and distribution systems. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: This session from the 1983 SOA Vancouver Meeting discusses GAAP topics including purchase accounting, UL, deferred acquisition costs and others. The value of interim earnings reports and statutory issues are also examined. From Record of Society of Actuaries, Vol. 9, No. 3.

Description: Presented at April 1985 Spring Meeting. This session discussed different accounting alternatives for products such as Universal Life, deferred annuities, variable products.

Description: Presented at May 1985 Spring Meeting. This session discussed: Applicable American Academy of Actuaries financial reporting recommendations, Techniques used in establishing margins, Appropriate margins under internal replacement programs, GAAP earnings impact of various methods for establishing margins for adverse deviation, Special considerations for interest-sensitive and lapse-sensitive products.

Description: This presentation is a panel discussion, session number 44PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists share their perspectives concerning the current economic environment. They address the impact on the valuation environment and the appointed actuary, statutory and GAAP implications, and the increasing value of actuarial expertise. Topics covered include demographic considerations, rising health-care expenditures, increased investor scrutiny, and the cost of regulation, NAIC developments, solvency and liquidity, and investment opportunities and challenges in the current economic environment. Discussion from participants is included.

Description: This session 112 PD of the Toronto Spring Meeting covers principles developed during the Unified Valuation System UVS project of the American Academy of Actuaries with support from the Society of Actuaries and the Financial Reporting Section of the SOA. From the Record of the Society of Actuaries, Volume 27, No. 2.

Description: A discussion of how the tax law changes of 2003 might affect the attractiveness of variable annuity business relative to mutual funds and direct investments in dividend paying equities.