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  • Cash-Flow Testing for Product Actuaries
    assumption of mortality and morbidity risk is the primary source of prof,. But many other insurance products ... deferred annuities, have interest rate spread as the primary, or at least a very critical, source of profitability ...

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    • Authors: David N Becker, Application Administrator, Donna Claire, Martin Klein, Anne Katcher
    • Date: Oct 1992
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Standards of practice; Finance & Investments>Investment strategy - Finance & Investments; Public Policy
  • Ask the Experts
    reinsurer doesn’t have the authority to cancel, but the direct writer does. Could you have different reserves ... What you’re saying is that it’s cancellable by the direct writer, but not unilaterally by the reinsurer ...

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    • Authors: David N Becker, Application Administrator, J Campbell, Martin Claire, Mark F Davis, John Di Joseph, George Harrison, Kerry Krantz, Daniel J McCarthy, James L McCallen, Benjamin George Peters, Michael Sparrow
    • Date: Sep 2000
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting; Global Perspectives; Public Policy; Reinsurance>Financial reporting for reinsurance