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  • The Continuing Saga of Term Insurance
    They turned out to be conservatively high for two primary reasons. First, the volume of business increased ... Deficiency reserve considerations have been a primary factor in policy design. Improperly designed policies ...

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    • Authors: Burnett A Halstead, Marshall H Lykins, Richard E Ostuw, Samuel B Shlesinger
    • Date: May 1981
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance>Term life; Public Policy
  • Underwriting
    information. The industry has compensated by using more direct applicant interview and questioning techniques ... have more access to good, but expensive medical care than would the population in general. I have shown ...

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    • Authors: Neville Henderson, Michael Kavanagh, James Murphy, Peter B Patterson, Norm P. Taylor
    • Date: Jan 1981
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance>Underwriting - Life Insurance; Public Policy
  • Meeting of the Reinsurance Section
    of the reinsurers here, and perhaps some of the direct writers, also operate in Canada or Latin America ... opposed to life reinsurance which perhaps is of primary interest. MR. VANDERHOOF: That category-reinsurance ...

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    • Authors: Johanna B Becker, Gottfried O Berger, Sue Collins, Garry Eckard, David Holland, Trevor Howes, Joseph F Kolodney, Robin B Leckie, Denis W Loring, Lawrence Lubin, Edward B Martin, Robert W Maull, Peter B Patterson, Herman H Schmit, Lawrence Silkes, Courtland C Smith, William K Tyler, Irwin T Vanderhoof, David M Welsh, Melville J Young, Michael R. Winn
    • Date: Oct 1982
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Relationship Management>Relationships and trust
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Professional associations; Actuarial Profession>Professional development; Public Policy; Reinsurance
  • Gearing Up to be Appointed Actuaries
    fraud. Second, the appointed actuary owes a duty of care not only to the principal (an employer or client) ... including simply the appointed actuary with some direct reporting line to the chief executive. Fundamental ...

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    • Authors: Robert H Dreyer, Frank S Irish, W Paul McCrossan, Walter Rugland, Christopher David Daykin
    • Date: Oct 1991
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Public interest representation
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Standards of practice; Finance & Investments>Asset liability management; Global Perspectives; Public Policy
  • Last Link in Product Development-State Form Filing
    up and try and fix the problem if we don't take care of ourselves. If the state regulators on a file-and-use ... you only have one customer (and you may have a primary customer), you cannot ignore the policyholders ...

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    • Authors: John A Hartnedy, David Hippen, Sandra K Meltzer, Ejaz Haroon, Karen J Allen, Application Administrator
    • Date: Jun 2000
    • Competency: Communication>Written communication; External Forces & Industry Knowledge>Actuarial methods in business operations; Relationship Management>Relationships and trust
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Qualifications; Actuarial Profession>Standards of practice; Enterprise Risk Management>Compliance; Life Insurance; Public Policy
  • Risk-Based Capital Update
    zero except for disability income and long-term care. The new asset concentration factor now has ... ago when the RBC formula was developed. The primary focus then was on traditional default risk and ...

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    • Authors: Larry M Gorski, Alastair G Longley-Cook, James Reiskytl
    • Date: May 2002
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management>Capital management - ERM; Public Policy
  • Meeting the Needs for Financial Information
    discussion. I will cover three topics: (1) the primary need for statutory statements - keeping track of ... column would show the income statement for all direct business before any reinsurance. The second column ...

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    • Authors: Bruce Darling, Michael E Mateja, R Stephen Radcliffe
    • Date: Oct 1992
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Effective decision-making; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Update on Life Insurance Illustrations
    assumptions that are covered are the definition of direct and indirect expenses, allocating overhead, inflation ... interest in living benefit riders, i.e., long-term-care riders, critical illness riders and the kinds of ...

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    • Authors: Abraham Gootzeit, William C Koenig, Esther H Milnes, Edward Silins
    • Date: Oct 1996
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Standards of practice; Life Insurance>Marketing and distribution - Life Insurance; Public Policy
  • 2001 CSO Mortality Table - The Time is Approaching
    wants. Do you care about whether the reserves are loaded? Is that your concern, or do you care more about ... not be appropriate, because the actuary will take care of that when doing his or her actuarial analysis ...

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    • Authors: William Carroll, Abraham Gootzeit, Kenton L Scheiwe, Brian King
    • Date: May 2003
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Public Policy
  • Implementing the Illustration Regulation: The Clock is Ticking
    monumental, and I should hasten to point out that greater care taken by the appointed illustration actuary can ... underdelivered in the product that was illustrated. The primary reason for the failure was a change in the investment ...

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    • Authors: Application Administrator, David Karo, Daniel Theodore, Robert E Wilcox
    • Date: Oct 1996
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Marketing and distribution - Annuities; Life Insurance>Marketing and distribution - Life Insurance; Public Policy