Description: This is a discussion on valuation and examines small company reserves and methods used in valuing disability, double indemnity, family income and other benefits in determining the reserve released by voluntary terminations. From Transaction of Society of Actuaries 1950, Vol. 2, No. 3.

Description: Addresses U.K. actuarial discussion regarding “maturity guarantees”, i.e., the reserves necessary to support promises contained in investment-linked contracts.