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Future Dividend Philosophy
clearly states our responsibility. "The actuary's primary professional responsibility with regard to illustrated ... outside review compels the actuary to use additional care in developing his recommendations. The principles ...- Authors: Donald D Cody, Richard S Miller, John M O'Sullivan, Paul E Petry, Harold R Greenlee
- Date: Apr 1982
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance
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Digest of Discussion at Concurrent Sessions
continually inform management of relevant changes. The primary purposes for which management typically establishes ... believe that these constraints result from any direct responsibility of the actuary to represent the ...- Authors: John C Antliff, Thomas A Beckert, Robert C Benedict, John H Biggs, Arthur C Cragoe, Richard Daskais, William A Dreher, Ted Dunn, Thomas F Eason, Richard Gibbs, Ardian Gill, Charles Greeley, Robert N Houser, Harold G Ingraham, John G Ireland, Frank S Irish, Joseph A Krenz, Robin B Leckie, Claude J Martineau, Edward W Maroni, Daniel F McGinn, Richard S Miller, Thomas K Pennington, Donald M Peterson, George W Poznanski, Jean-Pierre Provencher, Henry B Ramsey, James Reiskytl, Jack A Rollier, D'Alton S Bill Rudd, Jerome M Stein, Carl W Voss, E John Woolsey, Howard Young, Martin L Zeffert, William M Roth, Dale R Gustafson, Kenneth R MacGregor, Robert T Jackson, Christian L Strom, Harlow B Staley
- Date: Jan 1974
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Standards of practice; Life Insurance
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Dividends And Other Non-Guaranteed Elements In Individual Life Insurance And Annuities
but we must not let this get in the way of our primary function of defining the applicable theory. Our ... things are happening. He points out correctly that: "Direct recognitionof policy loans (the four-factordividend ...- Authors: Richard S Miller, Walter N Miller, Harry D. Garber
- Date: Oct 1982
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities; Life Insurance
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Dividend Philosophy
the job into two pieces. Our first effort was to direct our activities towards the dividend principles ... business of stock life insurance companies and just direct ourselves to the business of mutual life insurance ...- Authors: John A Fibiger, John H Harding, David R Johnston, Richard S Miller, Edwin B. Lancaster
- Date: Oct 1980
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Standards of practice; Life Insurance
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Current Topics in Financial Reporting
It's at that point that we got into one of our primary areas of concern and difficulty. The question was ... (MSVR) to make it an adequate substitute for a direct consideration of the C-I risk within the valuation ...- Authors: Allan Brender, Thomas F Eason, Richard S Miller, V Michael Shante
- Date: Jun 1988
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting
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Individual Life Insurance
We have from the beginning regarded as the primary advantage of family coverage (provided either ... product overhaul. Summarizing, we believe the primary advantages of the rider to be: 1. Flexibility ...- Authors: Samuel P Adams, Charles M Beardsley, John M Boermeester, William H Breeze, Rea B Hayes, J Stanley Hill, Robert H Jordan, Lee H Kemper, George A MacLean, Charles W McMahon, Richard S Miller, John S Moyse, LaLander S Norman, Paul T Rotter, Edwin Steinberg, Harold G Wiebke, William J November, Harwood Rosser, George W Shelly, Edwin L Bartleson, Harold A Garabedian, Ward Smith, Daton Gilbert, Robert J Bohn, G Emerson Reily
- Date: May 1962
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Life Insurance
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New and Proposed Valuation and Nonforfeiture Standards for Individual Insurance
Hartford. It is now moving forward to the NAIC. The primary changes from the ACLI version were generated out ... reserve requirements were not dealt with on a more direct basis. It would appear to me that the only justi- ...- Authors: Richard S Miller, Paul E Sarnoff, Jack M Turnquist
- Date: Oct 1980
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Non-forfeiture benefits
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Ask The Experts
mean if it's well past my retirement age, I don't care. MR. STEIN: Why don't we try a poll here. How ... the underlying business and in determining the direct issue value placed on the reserves. So I maintain ...- Authors: Larry M Gorski, Donna Claire, Richard S Miller, Robert Stein
- Date: Jan 1994
- Competency: External Forces & Industry Knowledge
- Topics: Actuarial Profession>Best practices; Public Policy
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Employee Benefit Plans - Group Statements and Accounting
significant increase in the claim lag on medical care coverage and this was so extreme that we increased ... increased our reserve factor on basic medical care coverages by 20 percent. The only explanation for this ...- Authors: Donald D Cody, Ted Dunn, Carlton Harker, Theodore J Kowalchuk, Richard S Miller, Robert C Nuding, Erwin A Rode, Gordon R Trapnell, Larry T Steele
- Date: Jan 1962
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Statutory accounting; Health & Disability>Accident insurance; Health & Disability>Health insurance; Life Insurance>Group plans - Life Insurance
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Nonforfeiture and Valuation Concerns in the 1980's
Nonforfeiture and Valuation Concerns in the 1980's This 1980 session covers amendments ... of the excess first year expense allowance. The primary item here is the decrease in the per 1000 allowance ...- Authors: John C Angle, Ardian Gill, Richard S Miller, William K. Nicol
- Date: Apr 1980
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities; Financial Reporting & Accounting>Statutory accounting; Life Insurance; Public Policy