Description: This paper presents a theoretical framework for moving from book value accounting toward market value accounting. From Actuarial Research Clearing House 1993. VOL. 1.

Description: This paper documents how mutual company surplus is determined and shown in a GAAP statement, including supplementary information, and offers how such reports could caption this item more appropriately.

Description: This article analyzes a fixed premium interest sensitive life contract with the objectives of developing an approach to estimating its market value and assessing various notions of its duration. The results of these analyses have implications for market value accounting of life insurance liabilities and for life company portfolio management.

Description: This paper examines inclusion of the value of future new business in value-added financial reporting. The objective of the paper is to develop methods to provide useful information to management that links the pricing, planning and reporting process.

Description: This paper is on the ownership considerations in a new legal structure of a life insurance company.

Description: An analysis of how to compute the variance of the present value of future annuity payments as a component of assessing the mortality component of the provision for adverse deviation in the computation of GAAP reserves.