Description: This article discusses the changes occurring in the illustrations systems market.

Description: This session at the 2004 Valuation Actuary Symposium provides an overview of statutory valuation issues for life and annuity products including the Actuarial Opinion and Memorandum Regulation, variable products reserving standard, adoption of 2001 CSO, C-3 Phase II RBC project and nonforfeiture changes.

Description: Covers aviation mortality from 1973 - 1982 obtained from United States and Canadian governmental sources, both civilian and military.

Description: This paper addresses controversies related to Zillmer Reserves first proposed in the 1860's and discusses how actuaries can learn form these dilemmas and find a review of the controversy useful in more current practice. The paper was presented at the 25th Actuarial Research Conference held at the University of Western Ontario in 1990. From Actuarial Research Clearing House 1991, VOL. 1.

Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This session at the SOA 1990 San Francisco Spring Meeting focuses on the connection between the pricing function and financial reporting, communicating financial information to senior management and asset/liability management.

Description: This report adds the experience by number of lives for calendar years 1960-64 under group term life insurance policies to that previously reported in the 1960 report and is limited to groups with at least 25 lives. Disability data is also included for premium waiver, extended death benefit, and total and permanent disability clauses which provide for payout of face amount.

Description: 1981 Report covering the period 1978 - 1980 presents statistics on the accidental fatality experience of various sports and sports-related occupations.

Description: Covers experience from 1973 - 1978 on nonsmoker mortality to be used by the NAIC and its Technical Advisory Committee as a basis for developing interim valuation standards for nonsmoker ordinary business. Interim scaling factors to be applied to specified valuation mortality tables are also provided to develop smoker and non-smoker valuation mortality.

Description: This article is a general discussion about earnings rates and toll charges and how to compute them.