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Adjusted Earnings for Mutual Life Insurance Companies
Adjusted ... ) -- u" (F -- ~A") (mortality charge profit) (17) + od'(aA '' -- C) (surrender profit) d + G' ... (19) The difference between equations (19) and (17) is as follows: G -- oG = El ' d (u" ~" A" ) ...- Authors: Donald D Cody
- Date: Oct 1972
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
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The Benefit Ratio Reserve Method
The Benefit Ratio ... (past) persistency BENEFIT RATIO RESERVE METHOD 17 will be assumed to be implicit to the aggregate ... 3 4 5 6 7 8 9 10 ll 12 13 14 15 16 17 18 19 20 Persistency Scale 1,000.00 683 ...- Authors: E Paul Barnhart, Donald D Cody, Thomas J Stoiber
- Date: Oct 1988
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Health & Disability>Disability insurance; Health & Disability>Health insurance
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Book Reviews and Notices
that the algebraic development between equations 5:17 and 5:28 (a portion of which is attributed in a footnote ... can perhaps be shortened, x Substituting from 5:17 in 5:9 gives 2~D~ 2,D~ q~= E z =P~+'+ D;" (1) ...- Authors: Society of Actuaries, Donald D Cody, James B Gardiner, Eli A Grossman, Robert E Slater, George Davis, Bert A Winter, Edwin B. Lancaster, Thomas N E Greville, M. Albert Linton, Morgan H Alvord
- Date: Oct 1955
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Demography; Financial Reporting & Accounting; Health & Disability; Pensions & Retirement
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Social Security Funding
taxable earnings occurs in 2035 and is in excess of 17% of taxable payroll. This translates into 15% of ... earnings by 2030. Expenditures would then be over 17% of taxable earnings. SOCIAL SECURITY FUNDING ...- Authors: Donald D Cody, Robert J Myers, A Haeworth Robertson
- Date: Apr 1978
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy; Social Insurance>Social Security
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Probabilistic Concepts in Measurement of Asset Adequacy
is (5), if we can prove that qb(0) = 0(1 + 0) ' (17) To this end we integrate (9) with respect to u ... P(x) ]dx = ap~ - 1 + 0' 0 which gives Formula (17). Let -q = sup {x [ P(x) = 0}. By assumption, ~1 ...- Authors: Donald D Cody
- Date: Oct 1988
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Enterprise Risk Management>Risk measurement - ERM; Finance & Investments>Asset liability management
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Benchmark Surplus Formulas
INTEREST RATES Future Required Interest Rate Surplus 17% 1.2% 20 3.7 25 7.8 30 11.9 As the assumed future ... 1% 0.6 16% 0.0% 0.6 0.6 nil 2 2.6 18 0.4 3.0 3.6 17% 3 6.0 20 3.2 9.2 10.3 Ii 1802 BENCHMARK SURPLUS ...- Authors: Donald D Cody, Gene B Gale, James A Geyer, Sidney A LeBlanc, Michael E Mateja
- Date: Oct 1985
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Record of the Society of Actuaries
- Topics: Enterprise Risk Management>Capital management - ERM; Enterprise Risk Management>Risk measurement - ERM
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Digest - The Society's Spring Programs and Discussion Rules
Digest - The Society's Spring Programs and Discussion Rules This is a discussion about whether ... TRANSACTIONS OF SOCIETY OF ACTUARIES 1965 VOL. 17 PT. 2 NO. 47AB VoL XVII , PART I I MEETINGS NO ...- Authors: Donald D Cody, William H Crosson, Robert F Davis, Robert H Dreyer, Neal A Farmer, Louis Garfin, Donald S Grubbs, Gilbert W Hart, Howard H Hennington, Daniel F McGinn, Chandler L McKelvey, Lawrence Mitchell, Ernest J Moorhead, Stanley L Olds, W Donald Patterson, Stuart A Robertson, Harry M Sarason, J Darrison Sillesky, Christopher H Wain, JOHN H MILLER, Louis Levinson, Alton P Morton, Mortimer Spiegelman, Milton F Chauner, Garnett E Cannon, Henry F Rood, Edward A Green, Wilmer A Jenkins, William F Marples, Peter R Wilde, E Forrest Estes, Pearce Shepherd, Eugene H Neuschwander, William B Dandy, Robert Ellis Shalen, Bruce E Shepherd, Harlow B Staley, Victor B Glunts, Gilbert A Heun, Carl E Herfurth, George H Davis
- Date: Apr 1965
- Competency: Professional Values>Practice expertise
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Professional associations
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The Generalized Ordinary Dividend Formula under TEFRA
The Generalized Ordinary Dividend Formula under TEFRA This paper extends the author's previous ... nonpension policies in a mutual company, X = 19, 17 percent (rather than Mr. Samoff's 22.5 percent) ...- Authors: Donald D Cody
- Date: Oct 1983
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance
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Analysis of Basic Actuarial Theory for Fixed Premium Variable Benefit Life Insurance
up t-1V + O/Ft_l t-1V Ye = ,-xV + 0 t-tV 1 , (17) and the face amounts change each year only according ... 16 ....... 81697411,0001 lOS71,2371288j is45717 17 . . . . . . . 807 873 1,000 1,030 [ 1,252 1,420 ...- Authors: John K Booth, John M Bragg, Donald D Cody, Steven L Cooper, D Frank Deal, Frank P di Paolo, Ralph E Edwards, John H Harding, Gerald A Levy, Walter N Miller, James Murphy, Stewart G Nagler, Cecil J Nesbitt, Robert J Randall, D'Alton S Bill Rudd, Samuel H Turner, Harry Walker, Paul Markham Kahn, Dale R Gustafson, John C Fraser, Charles M Sternhell, Charles B Baughman, Russel E Munro
- Date: Nov 1969
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance; Public Policy
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Discussion - Group Annuity Mortality
Discussion ... PERCENT- AGE ERROR (6)+(3) (7) . l o% .17 .16 .08 .19% 28 26 12 P,.ATIO (1)+(2) ... of mortality rates, we have in Table 10, in Table 17 and in entries in Table 24 certain calcula- tions ...- Authors: Elmer R Benedict, Donald D Cody, Robert F Link, Charles A Siegfried, E H Wells, A M Niessen, Ray M Peterson, Reinhard A Hohaus, W Rulon Williamson, Milton J. Wood, Ralph H. Maglathlin, Kingsland Camp
- Date: Nov 1952
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Annuities>Group plans - Annuities; Experience Studies & Data>Mortality