Description: This session from the 1976 SOA Fall Meeting discusses existing and suggested life insurance products - adjustable life - which adjust to changes in need for coverage and changes in ability to pay. It compares adjustable life to universal life.

Description: The interest-adjusted method has come to be the most widely accepted method for comparing costs of individual life insurance policies. This paper presents a relatively simple modification of the interest-adjusted cost method that serves more general purposes satisfactorily. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: A summary of a preliminary report from the Committee on Valuation and Related Problems, on guidelines for quantifying balance sheet items in an insurance enterprise.

Description: This is a discussion regarding actuarial considerations for mutual companies and covers such topics as: how is the overall level of retained surplus determined, do companies have surplus management programs, what are the rights of participating policyholders, are Generally Accepted Accounting Principles GAAP being used for mutuals, how do companies reconcile growth and surplus and whether or not limits should be placed on growth and finally, what actuarial considerations are involved in mergers, acquisitions, divestitures and wind ups.

Description: This paper discusses a brief history of policy loans, a description of the problems being experienced by companies and possible solutions. A discussion of the paper follows. From Transactions of Society of Actuaries 1977, Vol. 29.

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: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: This 1981 session concerned Individual Life Insurance Cost Disclosure Issues including i. Current Status of Cost Disclosure Requirements 2. Responses to Cost Disclosure Pressures 3. Future Needs and Problems 4. Vehicles Available to Effect Changes There is also a discussion of replacements and the need for better communication of the comparisons of the replaced policy to the new policy to prospective buyers.

Description: This meeting session was presented at the SOA's 1976 Spring Meeting in Washington D.C. The session focused on facts and opinions about the economic impact of life insurance in meeting people's needs for retirement security and security against death and disability.

Description: This is a discussion about measuring and comparing net costs for life insurance and determining a proper method for doing so. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59AB