Description: To discuss the principles to be followed in the determination of dividend distribution scheme, how to ensure the fairness and sustainability of dividend distribution, and the specific issues to be considered in the practice of dividend distribution.

Description: Presented at April 1985 Spring Meeting. This session discussed: Pros and cons of demutualizing, legal and regulatory perspective, current demutualization developments, actuarial considerations of how much, in what proportions, and to whom, structuring the demutualization, and implications of a public offering.