Description: The classical approach to life contingencies has treated actuarial functions as fixed quantities. In point of fact, these functions really represent the mean or expected values of random variables which are functions at the length of time to death of a life aged x. In this paper, we will present some examples of this approach. Talk given at the thirteenth annual Actuarial Research Conference held at Ball State University, Muncie, Indiana, September 1, 1978.

Description: Update on accounting and capital/RBC issues subsequent to tax reform.

Description: This is a proof on Lidstone's theorem. It contains formulas for calculating policy dividends.

Description: Is Risk/Return a sound tool for decision-making? No. It is not consistent, not objective, distorts decision and degrades governance. Why? What shall we do then?

Description: This dialogue discusses the history and purpose of section 811(a) and its historic role in the computation of life insurance company taxable income and, in particular, reserves.

Description: This article describes how there are many kinds of plans and arrangements under which qualified annuities are issued, and the rules governing them differ considerably.

Description: This paper discusses a model that is used for the loss process, ratemaking problem and risk classification.

Description: A theoretical study of the interrelationship between the financial and insurance risk markets.

Description: A discussion of the possible effort required and impacts resulting from the implementation of C3 Phase II for establishing risk-based capital for variable annuities. This article will describe practical considerations gleaned from actual valuation calculations recently performed by a consulting firm.

Description: Discussion of the movement toward principle-based reserves for LTC insurance.