IFA – Institute and Faculty of Actuaries actuaries.org.uk/ 2005 – IFoA – Liquidity Management in UK Life Insurance: A Discussion Paper actuaries.org.uk/document-type/papers-and-reports?page=573

Read More

Systemic Risk – Actuarial – International (p1) From a regulatory position, the simple postulation that insurance sector entities will not be a source of future systemic risk events due to historical observation could lead to the failure to identify, assess, monitor and mitigate the critical trends and signs of future systemic risk events. (p38) Future…

Read More

Systemic Risk – Actuarial The insurance sector is subject to a range of potential systemic risks. 2009 1124 – Financial Regulatory Reform Task Force of the American Academy of Actuaries Letter to GOV – Barney Frank/Spencer Bachus – <House Financial Services Committee> – 3p 2020 02 –  Systemic Risk in China’s Insurance Industry, Society of Actuaries…

Read More

Commutation 1888 – Book – Life Insurance Premiums and Reserves – Homans – 13p [Bonk:  original 20p – can be found on GooglePlay, extraneous pages removed] 1959 – SOA – Interpolation Commutation Columns, Society of Actuaries – 6p Commutation columns and valuation factors based on 1958 CSO mortality table. [Worldcat: One Copy available at Indiana…

Read More

Predictive Analytics 2019 – The Use of Predictive Analytics in the Canadian Life Insurance Industry, Society of Actuaries 2014 – Modeling of Policyholder Behavior for Life Insurance and Annuity Products, Society of Actuaries – 92p

Read More

Risk Classification 1980 – SOA – Risk Classification, Society of Actuaries – 18p 26. Five sets of congressional hearings have been held on a bill introduced by Senators Hatfield and Packwood and Representative Dingell that would prohibit classification on the basis of race, color, religion, sex, and national origin. Most of the testimony from the…

Read More

Linton Yield Albert Linton  James Hunt Richard C. MURPHY: One of your charges was to comment on the use of the Linton yields for dissimilar plans and to compare the costs. Has your group made much progress on that issue? William SNELL, Northwestern Mutual: We have looked into that and are not ready to comment…

Read More

Benefits – Actuarial 2017 1115 – Letter – AAA to NAIC LIBGWG  – Re: Life Insurance Buyer’s Guide Q&A Draft 8/1/17, American Academy of Actuaries, Life Insurance Buyer’s Guide Working Group (A) – 2p Universal life also allows for flexibility in policy benefits, not just premium payments. Maybe he is not getting all the disclosure…

Read More

1970 – Joint Special Committee of Life Insurance Costs 1970 – Report of the Joint Special Committee on Life Insurance Costs – (p720-748) – 29p Report to American Life Convention, Institute of Life Insurance, Life Insurance Association of America  1973 — GOV (Senate) – The Life Insurance Industry –  4 parts – Senator Hart – Part…

Read More

Realistic Assumptions Summing up, it seems to me that reasonable assumptions for annual premium policies must recognize the long-term commitments in question, and thus should consist of a realistic current mortality table with projection into future years, together with an interest rate not higher than 3% and preferably somewhat lower. —  Wilmer A. Jenkins 1961…

Read More