Tom Bakos

  • Thomas L. Bakos: Anybody who believed an illustration that purported to demonstrate cost would be a foolish person.

1991 - SOA - Illustrations, Society of Actuaries  ---  [BonkNote]  ---  20p

  • One of the first things that a serious reader of the NAIC Life Insurance Illustrations Model Regulation will realize is that it is not a tightly written document.

--  Thomas L. Bakos, Guardian, will speak as the appointed illustration actuary of a life insurance company

1996 - SOA - Implementing the Illustration Regulation: The Clock Is Ticking, Society of Actuaries - 25p

  • Tom BAKOS: Well, I guess I'd just like to mention that I think actually UL was developed in 1960-something-or-other.
  • FROM THE FLOOR: That was adjustable life.
  • Tom BAKOS: I think Cannibal Life was the precursor.

2003 - SOA - Do You Know How Much You're Spending? The Hidden Costs of Product Complexity, Society of Actuaries - 19p