Description: Various methods of accounting for a block of in-force business acquired at the time of purchase have been proposed and used. This paper describes nine such methods, analyzing each by the use of a very simple model office. Followed by submitted discussions of the article

Description: This panel discussion, presented at the SOA's May 1976 Meeting in Houston, presented trends in GAAP and statuatory financial statements. Topics included: actuarial certifications, GAAP for participating insurance, GAAP for mutual companies, amortizing acquisition expenses, apropriate surplus levels, asset valuation, and materiality. From Record of the Society of Actuaries 1976, Volume 2, No. 2.

Description: The purpose of this session is to review and discuss the principles and guidelines published and/or under consideration within the accounting and the actuarial professions regarding the restatement of GAAP financial of a life company acquired in a transaction to be accounted for as a purchase transaction under SPB 016. Our purpose is also to review with you some of the specific approaches that have been taken, and the problems that have developed, in implementing purchase-GAAP in practice. From Record of the Society of Actuaries 1979, Volume 5, No. 1.

Description: Presented at May 1985 Spring Meeting. This session discussed: AICPA activity in purchase accounting, Merger/Acquisition accounting, Assumption reinsurance, Minority interest accounting alternatives, Foreign mergers, acquisitions, and joint ventures accounting, Tax considerations in structuring mergers and acquisitions.