Expense Managementexpenseassumptionsfor pricingor managing in force, start with the direct unit and policycosts. You want to add the appropriate ... as variable or fixed. Some people use the terms direct and indirect, marginal and overhead. For purposes ...
Description: 1993 SOA Spring Meeting, Boston. This session discussed the concepts of expense allocation, determination of product costs, overhead expenses, the product-cost system, variable versus fixed expenses, and pricing on a marginal basis.Hide
- Authors: Greg Mateja, Application Administrator
- Date: May 1993
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Expenses - Annuities; Life Insurance>Expenses - Life Insurance