Description: The purpose of this paper is to describe the methods upon which the computations of policy reserves and related annual statement terms for the family policy issued by the company with which the author is connected are based. From Transactions of Society of Actuaries 1958, Vol. 10, No. 26.

Description: This discussion from the smaller company forum sought to answer the following question: What procedures can be followed to produce reasonably reliable profit and loss statements during the year?. From Transactions of society of Actuaries 1951, Vol. 3, No. 6.

Description: This paper deals with the policy reserves for future benefits that arise under retrospectively experience-rated group insurance policies. The reserves discussed are true policy-year reserves and should not be confused with the statutory rating refund liability, which represents the amount of the current policy year's dividend or experience rating refund earned between the last policy anniversary and December 31.From Transactions of Society of Actuaries 1983, Vol. 35.

Description: This paper presents a new insight into the mathematical structure of asset share-type calculations. Asset shares are interpreted as accumulations of insurance cash flows, which along with their related investment income, are treated as Stieltjes integrals. From Transactions of Society of Actuaries 1978, Vol. 30.

Description: This paper addresses the extension of the theory of life contingencies to a stochastic interest environment and its application to solvency valuation and surplus. A discussion of the paper follows. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: The principal purpose of this paper is to examine some of the factors that must be considered if the concept of investment generations is applied to the distribution of investment income within individual life insurance lines of business. It also includes a discussion of the paper. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: This paper describes a streamlined procedure for allocating investment income which permits the application of a single current investment-year interest rate, together with an averaged rollover rate, to an adjusted asset base to give essentially the same results as the traditional investment-year method. It also includes a discussion of the paper. From Transactions of Society of Actuaries 1976, Vol. 28.

Description: This paper represents an attempt to formulate a cohesive and consistent approach to the analysis of claim liabilities. Probabilistic tools from risk and queuing theory have been incorporated into a stochastic model that quantifies the variability inherent in such liabilities and at the same time reproduces intuitive results that may be arrived at from a deterministic standpoint.

Description: This paper looks at adjusted earnings, adjusted book value and net worth as a means of better measuring the performance of a life insurance company. The paper compares insurance company accounting to other entities and defines adjusted earnings. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 56 AB.

Description: This discussion focuses on two question: First, How are the annual statement items such as reserves, dividends, insurance in force, etc developed and organized. Second, what new or unusual methods of calculating reserves, net premiums, and expected mortality have been developed through the use of computers?