Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation for the 2017 Generally Recognized Expense Table (GRET)

Description: Summary report of the 2005 Individual Life and Annuity Expense Study. Document contains a description of data used in the study, description of unit cost formulas, list of companies contributing to the study, tables and graphs, etc.

Description: 2020 Generally Recognized Expense Table (GRET) recommendations.

Description: The purpose of this paper is to trace the change in Canadian company expenses, comparing the six postwar years 1946 to 1951 with the prewar year 1939. Includes costs per policy and as percentage of premium, and also compares to expected costs. Expenses by company size are also shown.

Description: 2021 Generally Recognized Expense Table (GRET) recommendations.

Description: This paper estimates the acquisition and maintenance costs associated with life policies as a function of the amount of insurance and number of policies of an insurer by estimating a cost function for our sample of insurers.

Description: This discussion presents the following questions: Have any simplified approaches in measuring and controlling expenses of life insurance companies proved practical? What are the current trends in expense rates? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This is a discussion on expenses and how expense analysis affects dividends and premiums. What is the effect of electronic data processing on expenses. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: The purpose of this paper was to examine the job and compensation of the ordinary life insurance agent in relation to commissions and expense regulation and to examine how well the industry responds to customer needs, and consider how the system might be changed. The paper establishes some criteria for evaluating appropriateness of systems of both agent compensation and expense regulation. The paper is followed by submitted discussion papers

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.