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New Actuarial Standards for Insurance Company Reporting in Canada
First year commissions are 50% of premiums, other direct first year expenses are 50% of premiums, indirect ... outset, I would like to state that GAAP has as its primary objective the proper matching of costs and revenues ...- Authors: Kenneth T Clark, Daniel J Kunesh, Robin B Leckie, Michael Rosenfelder
- Date: May 1978
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Public Policy
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Rating Agencies/Risk-Based Capital
our internal formula, directly allocated all the direct factors and proportionately allocated the indirect ... sheet strength. The formula must show that some care was taken to reflect differences from average risks ...- Authors: Peter B Deakins, David Ingram, Michael Albanese
- Date: Jan 1992
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments>Capital management - Finance & Investments; Financial Reporting & Accounting; Public Policy
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Appointed Actuaries Around the World
Trade and Industry (DTI). The GAD does not have a direct regulatory authority over insurance companies or ... or internalaffects on factors that might have a direct impact on that company. The GuidanceNotes set out ...- Authors: Chiu-Cheng Chang, W Paul McCrossan, Harry R Miller, Richard Harvey
- Date: Apr 1994
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Global Perspectives; Public Policy
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Introduction and Overview - 1996 VALUATION ACTUARY SYMPOSIUM
Introduction and Overview - 1996 VALUATION ACTUARY SYMPOSIUM 1996 VALUATION ACTUARY SYMPOSIUM. ... long-term-care plan, an annuity plan for a period of time, or could become a home health care plan. It ...- Authors: Thomas C Foley, Donna Claire, Steven A Smith
- Date: Jan 1996
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting; Public Policy