Description: This session from the 1984 SOA Atlanta Meeting discusses the Exposure Draft of the Committee on Theory of Dividends and Other Non-Guaranteed Elements in Life Insurance and Annuities and of other related developments. It also contrasts participating policies to the new universal live and excess interest type products.

Description: This session at the SOA 1982 Colorado Springs Spring Meeting discusses insurance products dividend philosophy. Focus is on implications of AAA and CIA standards, equity among dividend classes, methods of investment income allocation, stock company issues, and treatment of federal income tax.