Description: This paper discusses adjustable life insurance and certain theoretical problems of these policies. It also covers how the Commissioners Reserve Valuation Method, CRVM, may be extended to cover adjustable life policies and defines formulas for the additional expense allowance at the time of change. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: The purpose of this article is to discuss some concerns the author's company has had in administering first-dollar reinsurance and to raise awareness of issues you may wish to consider for your reinsurance arrangement.