Description: This is a panel discussion session on recommended guidelines and practices for determining dividends and illustrations for individual life insurance products, focused on the SOA's Committee on Dividend Philosophy's proposed recommendations. The differences between mutual company and stock company views are explored.

Description: Presented at October 1985 Annual Meeting. This session discussion is about the status and direction of the development of an Actuarial Standards Board, affecting all the fields of actuarial practice and all actuaries.