Description: The principal purpose of this paper is to examine some of the factors that must be considered if the concept of investment generations is applied to the distribution of investment income within individual life insurance lines of business. It also includes a discussion of the paper. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: Discusses how frequently should interim financial statements be prepared and how complete should they be, methods for estimating or computing reserve liabilities and other items, use of interim statements to forecast year-end results and methods for doing so.