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  • GAAP in Practice
    and lapse assumptions that are inherent in the direct business benefit reserve. Coinsurance If the ... benefit and expenses) on the ceded business from the direct reserves. Where the ceding company receives a first-year ...

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    • Authors: Clayton A Cardinal, Melvin L Gold, Frederick S Townsend, Paul L Weichert
    • Date: Oct 1973
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]