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  • The Development of Mean Natural Reserve Factors and Methods of Amortizing Acquisition Expenses in Adjusting Life Insurance Company Earnings
    expenses eligible for amortization should be in direct proportion to premium income. Since premium payers ... voyages. One amortization method is to have a direct proportional amortiza- tion, as illustrated in ...

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    • Authors: Robert L Collett, Robert H Dreyer, A Henry Kunkemueller, Paul Milgrom, Claude Y Paquin, Anthony C Sharp, Steven Sommer, Leonard H McVity
    • Date: Oct 1973
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Forecasting
  • Use of Generally Accepted Accounting Principles [GAAP] for Management Reporting
    have statutory earnings. The next adjustment, if we care to make it and if it is consistent with the way ... performance, the better off we would be. I do not care what you call it. We want our financials to provide ...

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    • Authors: Robert L Collett, Glen Gammill, Philip Polkinghorn, R Larry Warnock
    • Date: May 1987
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]