Actuarial – Page 3

Dynamic Financial Condition Analysis Handbook – SOA Let’s begin with a very brief history. The AAA and the SOA were responding to a NAIC concern about company solvency. — James F. Reiskytl 1996 – SOA – Dynamic Financial Condition Analysis Handbook Task Force, Society of Actuaries – 21p 1993 – SOA – The Potential Role of…

Actuarial Opinions I see too many statements of actuarial opinion currently stating that the reserves meet all legal standards where the opinion isn’t worth the paper its written on. I’m afraid that there are too many actuaries who have rather loose ideas of current standards of practice in this regard. — J. Alan Lauer, (chief…

Actuarial Method

Pricing Actuary Trying to balance the profitability and competitive requirements is a tough task in today’s competitive marketplace. The profit testing, premium adjusting, and benefit adjusting process is an iterative process involving a lot of give and take. There are many factors that the pricing actuary can adjust during this process. Premium rates, agent compensation,…

1994 – SOA – Problems and Solutions for Product Illustrations, Society of Actuaries – 28p 1994 – SOA – Problems and Solutions for Product Illustrations, Society of Actuaries – 28p BRADLEY E. BARKS (Chief Product Actuary for LIfeUSA Insurance Company: The subject we are going to talk about is life insurance and disclosure regulation, which the NAIC is working…

Black Box 1996 – SOA – The Actuary, The Actuarial Black Box, by Sam Gutterman, Society of Actuaries – 2p 2009 0305 – WSJ – AIG’s Black Box The fourth rescue is not a charm, by Author-? – [link] What UL does, among other things, is to let the policyowner or maybe the agent pick…

Actuarial – People James C.H. Anderson Daphne Bartlett Edmund Berkeley Shane Chalke Walter Chapin Donna Claire Miles Menander Dawson (MMD) Judy Faucett Christian DesRochers George R Dinney David Parks Fackler Shauna Ferris Thomas Foley Larry Gorski William Hager Edmund Halley Laura Hanson James Hunt Barbara Lautzenheiser Maurice LaVita Walter Miller Ernest J Moorhead (Jack) Anna…

The Actuarial Update The Actuarial Update – American Academy of Actuaries 1983 02 – SOA – The Actuarial Update – (A5) Task Force Considers Universal Life Model Bill, Society of Actuaries, NAIC Report by Bill Hager – 8p Commissioner Sabbagh of Massachusetts, chairman of the (A3) Life Cost Disclosure Task Force… A proposal to draft a universal…

Actuarial – Media 2019 – Contigencies – The ABCD Goes to the Movies – [link] Billion Dollar Bubble Are You with It? 1948 – Movie – Are You With it 1948? [YouTube-link] 1979 novel “Shibumi” Movie – The Billion Dollar Bubble YouTube [link-1] [link-2]

Actuarial – Snippets Actuarial – Snippets – 1950s Actuarial – Snippets – 1970s Actuarial – Snippets – 1980s Actuarial – Snippets – 1990s In a paper read before the insurance commissioners in June last Mr. D. P. Fackler said: Many have grave fears of bad results if the largest companies are allowed to continue to…