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  • New Products Accounting Alternatives
    relative levels of risks and functions performed. The primary performance and risk elements in a UL contract ... premium over the net premium) should be recognized in direct relation to premium revenues. In the absence of ...

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    • Authors: Edward F Bader, Shane A Chalke, Rex D Hemme, Linda L Wein
    • Date: Jun 1985
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Individual annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life
  • GAAP for Universal Life
    of the reserve. We have to implement a lot more care on this particular product. We need to make sure ... needs to be separate from GAAP—separate from the direct—which is not something we had done previously ...

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    • Authors: Edward Jarrett
    • Date: Jan 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Universal life
  • Interest-Sensitive Products In A Stable Rate Environment
    deferring tax on the inside build-up. This is the primary benefit of annuities. Under the new tax law, life ... advantages these products have, com- pared with their primary competitors. Along with Greg, I feel that single ...

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    • Authors: Gregory J Carney, Douglas Doll, Mark A Tullis, Robert L Whitney, Ben Wolzenski
    • Date: Oct 1986
    • Competency: Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Fixed annuities; Life Insurance>Universal life
  • Variable Universal Life Insurance
    5 percent would be marginally costed and have a direct impact on overall acquisition costs. One additional ... could make that available to client companies on a direct reinsurance basis. MR. LES WEBB*: I would like ...

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    • Authors: Michael Braunstein, Joseph O North, Zafar Rashid, Donald R Sondergeld, William A Stoltzmann, Michael R Tuohy
    • Date: Apr 1985
    • Competency: Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance>Universal life