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  • Premiums and Dividends - Participating Insurance
    need a surplus of 4 - 5% of liabilities to take care of defaults in a depression. Various lines have ... experience. That statement alone would not preclude direct recognition of policy loans. In regard to claim ...

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    • Authors: Harold G Ingraham, William M Snell, Richard M Stenson, Thomas C Sutton
    • Date: Jun 1980
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance
  • Cost Disclosure
    interfering with the sales process. That would be our primary reason for continued support of the NAIC system ... the field force today. To summarize this, the primary purpose of disclosure is not to inform agents of ...

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    • Authors: Richard Minck, Richard Charles Murphy, William M Snell, Jack E. Bobo
    • Date: Oct 1979
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance; Public Policy