Financial Resource Management, Mutual Companiessaid surplus had two functions: one was to take care of the fluctuations in mortality and morbidity and ... 1966, and only $I00 million in 1975. That is a direct reflection on the kind of pension business that ...
Description: From the Record 1977 Vol. 3, No. 1, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in Atlanta March 31-April 1. The presenters at this session discuss dividend philosophy, maintaining equity among generations and classes of policyholders, “enterprise risk exposure and management,” portfolio versus new money interest rates, including related investment risks, and who owns mutual company surplus.Hide
- Authors: Philip Briggs, Luther O Forde, Martin L Zeffert, Colin C Hampton
- Date: May 1977
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Enterprise Risk Management>Financial management