Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation for the 2024 Generally Recognized Expense Table (GRET) for use with individual life insurance sales illustrations. The recommendation is currently being exposed for comments by the NAIC for 30 days until September 12, 2023.

Description: 2021 Generally Recognized Expense Table (GRET) recommendations.

Description: This discussion focuses on methods used for classifying and analyzing expenses, and explores new accounting and office procedures. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.

Description: GRET Table Factors History for 1998 through 2010.

Description: This discussion on expenses, briefly looks at what the smaller company can do about increasing unit costs and in view of increased costs, what simplifications can be made in the routine of policy change procedures.

Description: This discussion reviews changes in practices and procedures which have been made with resulting reduction of expense in connection with the following: Administration and valuation of supplementary contracts, collection of monthly premiums, underwriting of new applicants, and preparation and printing of rare books and policies.

Description: This article is part of the Digest of Smaller Company Forum, which took place at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. It summarizes the comments made by and identifies each individual contributing to the discussion. The discussion topics include measures a smaller company can take to reduce the expense of printing and preparing policy forms, at what stage in a company's growth is it advisable to shift from manual to machine accounting processes, and whether quality rating selection methods are achieving satisfactory results. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: This is the tenth experience study conducted by the SOA’s Committee on Life Insurance Company Expenses on inter-company expenses. Contributions of individual life and annuity expense data were received from 13 US life insurance companies.

Description: Instructions for completing the workbook for the 2009 Individual Life and Annuity Expense Study.

Description: Panel discussion of the following topics: A. Recent revisions been made in the mortality, interest, and expense assumptions upon which life insurance premium rates are based. B. Factors considered in recent revisions of premium rates for substandard risks. C. The extent to which deficiency reserves been required as a result of recent decreases in nonparticipating premium rates for life insurance D. Recent changes in disability premium rates for women.