Description: This is the General Session VI transcript on the Senior Citizen in 2050 from the January 4-6, 2017 Living to 100 Symposium in Orlando

Description: This is the Does Migration Result in Mortality Improvement: A Case Study in Taiwan abstract authored by Chih-Kai Chang, Jack C. Yue, and Yen-Wen Chen for Session 3B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: This is the Trends in Life Expectancy and Lifespan Variation After Retirement paper authored by Jesu´s-Adria´n A´ lvarez, Søren Kjærgaard, Malene Kallestrup-Lamb, James W. Vaupel for Session 1B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: These are the Discussant Comments by Anna M. Rappaport for the Housing, Health and Social Support of the Elderly Session 4B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: This is a paper from the session on the Asia at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This is a paper from the session on Climate Change Effects at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This paper is the first in the Transactions to address itself to the problem of general-purpose financial reporting for life insurance companies. The primary purpose of the paper is to demonstrate how a natural reserve approach may be utilized effectively to adjust life insurance earnings in a manner consistent with GAAP. A second purpose of the paper is to demonstrate earnings patterns obtained by several possible alternative approaches to earnings adjustments. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This paper expands on the traditional three-factor interest, mortality, and expenses dividend contribution formula to propose a new dividend structure. The structure and formula are derived from the most generalized equation of equilibrium, and each dividend class is treated as an ongoing microcosm. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This article looks at the purpose of the closed block, how it works, what some of the drawbacks are, the implementation of the concept and if there are any preferable alternatives to the closed block. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This paper presents an algorithm for valuing American options in a path simulation model. It demonstrates the accuracy by an example involving a put option on a non-dividend-paying stock for which the exact premium could be determined. It shows how the use of simulation models can be useful in valuing a broker-dealer's derivative book and analyzing the asset-liability condition of financial intermediaries.