Description: Summarizes the Association of Insurance and Financial Analysts report on Life Insurance Earnings Adjustment, which was prompte by recognition of the need for a standard, reliable method for adjusting statutory earnings to provide a better indication of the true earnings of a life insurer.

Description: This discussion at the 1967 Annual Meeting is about the appropriate level of unassigned surplus and the rationale and accounting for contingency reserves. The question of a contingency reserve for Phase III tax is also discussed.

Description: This is the special report about actuaries taking professional inventory. External, as well as internal, forces have directed actuaries' attention to the need for a re-examination and reappraisal of their 'professionalism.' As evidence of the need for an introspective analysis, the following are issues that several actuarial bodies are currently examining through joint committees: 1. independence, 2. organization and disciplinary procedures, 3. professional conduct, 4. actuarial principles for funding of pension plans, 5. education and examination, and 6. experience requirements. Most of these involve the relationship of the actuary to the general public. From Transactions of Society of Actuaries 1974, Vol. 26, Pt.2D, No. 75 AB.

Description: This discussion at the SOA 1968 Philadelphia and Los Angeles Regional Meetings compares variable annuitis and mutual funds from a company and customer standpoint. Other opportunities for selling equity based products as well as the Canadian experience are explored.

Description: Provides a theoretical basis for determining an insurer's price-earnings ratio, discusses the effect on earnings of changes in investment income, and discusses the effect on surplus and earnings of changes in reserve basis.

Description: Discussion of issues of particular interest to small insurance companies. Includes the following topics: A. Considerations governing the mortality bases used in determining for ordinary insurance for nonparticipating premium rates and for dividends. Mortality studies available to assess the suitability of available mortality tables or modifications of them. B. Advantages and disadvantages of special termination dividends or special quinquennial dividends. C. Desirability and feasibility of having separate dividend scales for policies which include disability benefits, double indemnity benefits or both. D. Relative advantages of a three-factor dividend system versus an experience premium system. Discussion of how the latter is applied.

Description: This is a discussion about insurance company equity products from the viewpoints of the actuary, the agent and the regulatory authority. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59.

Description: The following topics were discussed at concurrent sessions: 1. Personal Security in the 1970's- United States and Canada, 2. Adjusted earnings for life companies, 3. Pension funding, 4. What about these younger actuaries?, 5. Sources of statistical information for actuaries, 6. Variable life insurance, 7. Models and decision techniques, and 8. Role of the actuary in expense control. From Transactions of Society of Actuaries 1970, Vol 22, Pt. 2, No. 63.

Description: This session at the SOA 1962 Jacksonville and Chicago Regional Meetings discusses marketing issues for life companies including concerns over abandoning the small face amount market and the shift to term insurance from permanent.

Description: This is a discussion about computer models and simulation tools for life insurance companies. From Transactions of Society of Actuaries 1969, Vol. 21, No. 59AB