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  • New Actuarial Standards for Insurance Company Reporting in Canada
    First year commissions are 50% of premiums, other direct first year expenses are 50% of premiums, indirect ... outset, I would like to state that GAAP has as its primary objective the proper matching of costs and revenues ...

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    • Authors: Kenneth T Clark, Daniel J Kunesh, Robin B Leckie, Michael Rosenfelder
    • Date: May 1978
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting; Public Policy
  • Matching Assets And Liabilities
    investment technologies should be done with some care. We at Crown Life believe strongly that any new ... heartache and headache of segregation, but I think the primary motivation and the major benefits would be to facilitate ...

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    • Authors: Allan Brender, J Ian Dalrymple, David R Johnston, Michael Rosenfelder, Stuart Wason
    • Date: Oct 1984
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Asset liability management; Public Policy