Description: This session at the 1989 Valuation Actuary Symposium discusses the mandatory securities valuation reserve, MSVR, including an analysis of the MSVR and proposals for change.

Description: Presented at May 1986 Spring Meeting. This session discussion is about need for internal management reporting on a GAAP-like basis in mutual companies, difficulties in adapting stock GAAP accounting to traditional, participating product lines, need for consistency with pricing/dividend practices, and alternative accounting models - a review of theoretical work and computer modelling of several accounting alternatives.