Description: Federal Tax Issues Under the 2001 CSO Mortality Tables

Description: This is a discussion of the paper, 'The New Standard Ordinary Mortality Table' paper by Sternhell.

Description: As a result of over 30 states enacting Legislation permitting the use of an interest assumption as high as 4% in determining life insurance reserves, the Society of Actuaries Committee on Preparation and Publication of Monetary Values conducted a survey of insurance companies, consulting actuaries, and regulatory authorities to determine whether this change in legal valuation standards would create a need for the publication of 1958 CSO Monetary Values volumes at 4% interest. After a review of the results of this survey and a study of the computing and printing costs of such a project, the Society’s Board of Governors has authorized the Committee to solicit orders for such volumes.

Description: Panelists discuss many developments over the year 1992 that impact the valuation actuary. Session 1 of the 1992 Valuation Actuary Symposium.

Description: General discussion session which included the following topics: A. Non-medical limits B. Deficiency reserves for individual life insurance

Description: Panelists discuss the new Guideline XXX for reserves for term products, including re-entry term, and in the context of HIV/AIDS. Session 5 of the 1991 Valuation Actuary Symposium.

Description: Draft Pre-Need Model proposed by National Association of Insurance Commissioners, NAIC, is analyzed from tax standpoint of both insurers, through sec. 807, and policyholders, through secs. 7702 and 7702A.

Description: The Occidental Life Insurance Company position paper: Mortality Fluctuation Reserve for Stock Life Insurance Companies is reproduced. The methods chosen are considered to conform to the Audit Guide for Stock Life Insurance Companies issued by the AICPA in December, 1972.

Description: Outline of the changes made to the 2008 Valuation Basic Table as compared to those that were on the SOA web site prior to the change.