Description: The paper discussed the reasons for a stock company's mutualization detail the mutualization process itself consider actuarial, legal, and other problems that arise and review a recent case history.

Description: This discussion at the 1968 Annual Meeting covers insurance company investment issues including measurement of investment performance and models for measuring perfomance.

Description: This paper develops the theory of the measurement of interest rate risks from its foundations, beginning with the question of which asset values market or book are economically relevant and therefore at risk. From Transactions of Society of Actuaries 1985, Vol. 37.

Description: This paper presents a theoretical approach to the valuation of options on bonds, a computer model for valuing such options, an application of options theory to evaluate the risk of call options on corporate bonds, and an application of options theory to price the risk of deposit antiselection on certain GICs sold to employee savings plans. From Transactions of Society of Actuaries 1985, Vol. 37.

Description: The purpose of this paper is to provide a method for calculating special contingency reserves for investment losses. The method is derived by first building a stochastic investment model and then utilizing its probabilistic structure. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: This paper develops a new method of determining long-range interest rate assumptions. Followed by discussion papers submitted by 2 authors

Description: This discussion, of the same topic previously published in Vol. 12, No. 32, deals primarily with the Canadian aspects of investment policies and inflation. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: This paper explores the considerations involved in the merger of mutual life insurance companies, with emphasis on the unique problems of maintenance of equity between the various policy owners affected. The paper written by Howard Kayton and Robert Tookey is followed by a discussion from several people

Description: This paper develops a dividend financial structure and a dividend formula based on the contribution principle in a complete expanded format. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This discussion focused on looking at the immediate uses of the 1951 Impairment Study for the smaller company, the use of new technology such as punch card machines in an effort to reduce cost, methods of budget procedure, use of interim financial reporting and attendant issues such as interim period reserve computations, and problems with underwriting, commission accounting, or conflict with interests of own agents when small companies accept business from agents or brokers of other companies.