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  • Some Actuarial Considerations for Mutual Companies
    a portion of general overhead expense to be a direct charge against surplus earnings. This helps to ... acquiring the same volume of business through direct writing, since the transferred reserves plus surplus ...

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    • Authors: Thomas P Bowles, Donald D Cody, Linden Cole, Louis Garfin, Ardian Gill, Norman E Henricks, Howard H Kayton, Robin B Leckie, John C Maynard, Brian R Newton, Claude Y Paquin, Henry B Ramsey, Paul E Sarnoff, Donald R Sondergeld, Robert C Tookey, Owen A. Reed, Charles L. Trowbridge
    • Date: Oct 1979
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting
  • Actuarial Considerations for Mutual Companies
    rights. Unfortunately, this position runs into direct con- flict with a number of state laws on demutualization ... there is no vigorous external force available to direct that the merger be accomplished. Several years ...

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    • Authors: Thomas P Bowles, Ardian Gill, Robin B Leckie, Paul E Sarnoff
    • Date: Oct 1979
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance