Announcement: SOA releases passing candidate numbers for May 2024 Exam SRM.

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  • Surplus Management
    than the net premiums but no commissions (i.e., a direct marketing sale) a deficiency will result. So there ... There are a number of companies that sell through direct marketing and still use CRVM reserves. There is ...

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    • Authors: Harris N Bak, Daniel J Kunesh, Richard M Stenson
    • Date: Apr 1990
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Capital management - Finance & Investments
  • Impact of the 1980's on the Surplus Distribution Practices of Mutual Companies
    will it take? 4. Will any outside group exert a direct influence on a Company's dividend practices in ... and make them less obvious. But after mandated direct disclosure of the bulk of those expenses, that ...

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    • Authors: Robert D Hogue, Donald B Maier, Richard M Stenson, Thomas C Sutton
    • Date: Apr 1980
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance>Pricing - Life Insurance
  • Mutual Company Reporting Topics
    first was the concept that mutual companies' primary objective was to develop and provide insurance ... return on equity and return on capital as the primary financial standards to measure success of the organization ...

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    • Authors: Arnold Dicke, Joseph Dunn, Stanley Fox, Richard M Stenson, Robert Stein
    • Date: May 1986
    • Competency: External Forces & Industry Knowledge>Internal forces and business performance; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management>Financial management; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Role Of The Actuary In Defining Investment Policy And Strategy
    and used by the investment community, but with direct input from actuaries and from the business community ... to flow into earnings. Of course, you've got the direct earnings on your surplus funds. The majority of ...

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    • Authors: David William Cook, Matthew Easley, John L Maginn, Christopher Perrin, Richard M Stenson
    • Date: May 1985
    • Competency: Strategic Insight and Integration>Management partnership; Strategic Insight and Integration>Strategy development
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Investment strategy - Finance & Investments
  • Premiums and Dividends - Participating Insurance
    need a surplus of 4 - 5% of liabilities to take care of defaults in a depression. Various lines have ... experience. That statement alone would not preclude direct recognition of policy loans. In regard to claim ...

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    • Authors: Harold G Ingraham, William M Snell, Richard M Stenson, Thomas C Sutton
    • Date: Jun 1980
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance
  • Future Dividend Philosophy
    them with reference to what I view to he the two primary themes underlying them. The major theme is the ... with the prime rate surpassing 20%. Largely as a direct result of that particular characteristic, policy ...

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    • Authors: Robert M Astley, D'Alton S Bill Rudd, Richard M Stenson, Claude Thau
    • Date: May 1982
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance
  • The Future of Permanent Life Insurance
    apparently continued to perceive its need for the primary product of the life insurance companies. The tables ... accelerating to the present day. However one may care to describe the structure of the traditional whole ...

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    • Authors: James W Kemble, Paul J Overberg, Alan Richards, Richard M Stenson
    • Date: Apr 1981
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance; Public Policy
  • American Academy Of Actuaries Committee On Principles And Practices For Dividends And Other Non-Guaranteed Elements
    actuarial principles and standards for continuing care retirement commu- nities. These communities typically ... well as a certain amount of pre-funding of medical care. You may go into one of these communities, live ...

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    • Authors: John A Fibiger, James W Kemble, Richard M Stenson, William T Tozer
    • Date: May 1986
    • Competency: Communication>Written communication; Professional Values>Practice expertise; Professional Values>Public interest representation
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Standards of practice; Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • Professional Conduct
    the actuary must disclose his employment and take care to act independently. We are not required, if we ... we do practice with others. The guides call for care to be taken that the actuary preparing a report ...

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    • Authors: John M Bragg, Warren Luckner, Richard M Stenson, Milton F Chauner
    • Date: Oct 1980
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Code of Conduct; Actuarial Profession>Ethics
  • Dividend Philosophy
    Dividend Philosophy This session from the 1984 SOA Atlanta Meeting discusses the Exposure Draft ... mutual company's involvement was pretty much taken care of with the dividend question. That certainly has ...

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    • Authors: David Holland, Richard M Stenson, Claude Thau, William T Tozer
    • Date: Apr 1984
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities; Life Insurance