Actuarial - WishList

  • 1969 - Analysis of Actuarial Theory for Variable Life Insurance, Walter Miller - <WishList>
  • Tillinghast Universal Life Analytic Study Data (TULAS) - <WishList>
    • 1991 - SOA - Individual Life Product Development Update, Society of Actuaries - 34p
  • The Academy committee reporting on the work about annuity illustrations lists as the first supportability objective, "Ensure that information provided by the company creates consumer expectations for nonguaranteed elements that are not unreasonable."  - <WishList>
  • There was a recent article in Contingency called, "Was Leo Tolstoy an illustration actuary?" - <WishList>
    • 1998 - SOA - Current Issues in Sales Illustrations, Society of Actuaries - 26p
  • Universal Study Note - referenced in 1999 - A Brief History of Universal Life,  Douglas C. Doll - Society of Actuaries - 4p 
  • 1974 - SOA - Analysis of Life Insurance Cost Comparison Index Methods, Society of Actuaries. Committee on Cost Comparison Methods and Related Issues - 1974, 202 pages
  • 1974 - SOA - Philosophies in the computation and dissemination of dividend illustrations, Society of Actuaries (Committee on Cost Comparison Methods and Related Issues (Special), 85 pages, 1974
  • - (EAR) - Enrolled Actuaries Reports- 1970s, 1980s, 1990s. -  actuary.org/content/enrolled-actuaries-report
  • “The Baleful and Baneful Influence of Elizur Wright on American Life Insurance”
    • referenced in:  1973 - SOA - The Actuary - Editorial by ACW (Andrew C. Webster), page 2 - 8p
  • Calculating Funding Premiums for Universal Life Insurance, with Examples.pdf - Seagate
  • 2011 - SOA - Basic Reserving Concepts for Non-Actuaries, by Peter A. Marion
    • fund value to pay charges; premium limits from Sec. 7702 definition of life insurance Flexible … Insurance Products Traditional life G t d i t d b fit• Guaranteed premiums, guaranteed benefits … • Separately identified interest credits Traditional Life Insurance Whole Life • Level premium … View Description
    • Authors: Peter A Marion
    • Date: Mar. 2011
    • Topics: Annuities > Reserves - Annuities; Life Insurance >
    • Reserves - Life Insurance
    • Competency: External Forces & Industry Knowledge;
    • Technical Skills & Analytical Problem Solving

 

  • ARDIAN GILL - I have a suggestion for Mr. Richards on his product and the scorekeeping of it. This comes from a paper by Mr. Maurice Levita, which is in the proceedings of the Conference of Actuaries.
    • Maurice suggested some years ago that this type of product could be very simply administered by treating each premium as buying extended term insurance.
    • And each succeeding premium, if there is one, extends the term or if the face amount is increased, it might reduce the term or otherwise adjust it.
    • [Bonk: Mr. Richards = Alan Richards. Alan is a fellow of the Society of Actuaries and is Chairman, President and CE0 of the Life Insurance Company of California, soon to be known as the E.F. Hutton Life Insurance Company.

1980 - SOA - Product Innovation - Response to Consumer Needs in the 1980's, The Society of Actuaries - 14p

 <WishList> - a paper by Mr. Maurice Levita, which is in the proceedings of the Conference of Actuaries

  • 1983 06 - SOA - Editorial - The Actuary - The New South Life Case, EJM (Ernest J Moorhead (Jack)), Society of Actuaries - 2p
    • The New South Life happens to be one of the (mercifully) few life companies in which a major deIicit has been directly linked to miscalculation of policy reserves.
      • Two sources from ‘which the underlying facts are readily obtainable are:
        1. <WishList> - “New South Life: A Case Study”, by James L Athearn, in the April 1973 issue (Vol. XIX, No. 5) of Business and Economic Review; published by the Bureau of Business and Economic Research, University of South Carolina
        2. <WishList> - “Report of the American Academy of Actuaries Committee Regarding The New South Life Insurance Company”, a manuscript dated August 30, 1973
      • Until recently, the second of these, two documents was kept confidential for reasons associated with the life company’s rehabilitation.
      • We are pleased to learn that secrecy about it is no longer necessary; now the excellent work done ten years ago by an actuarial trio, Messrs. John M. Bragg, Delos H. Christian, and AIlan F. Lebourveau (who died in 1982), can and should belatedly receive our profession’s recognition.