The Art and Science of Life Insurance Distribution

The Art and Science of Life Insurance Distribution PDF

Author: Douglas Bennett, FSA

Publisher: ACTEX Publications

Published: 2014-06-01

Total Pages: 113

ISBN-13: 1625422113

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This book presents a complete discussion of life insurance distribution. It begins by putting life insurance distribution within the broader context of distribution and marketing in general, thus demonstrating why life insurance distribution is different. It then goes on to discuss the history of how distribution, as we know it today, developed, and the ten primary distribution channels that exist in the business. With all of this as background, the book continues with more detail and discusses the various functions performed by distribution, and how distribution systems are managed today. It also goes into more specifics regarding the compensation and the economics of distribution. The text concludes with a discussion of managing distribution channel conflict, and how distribution of life insurance is expected to evolve in the near future. Spreadsheet models are available on the ACTEX website to assist readers in understanding the economics of distribution.

Fundamentals of General Insurance Actuarial Analysis

Fundamentals of General Insurance Actuarial Analysis PDF

Author: Jacqueline Friedland, FCIA, FCAS, MAAA

Publisher: ACTEX Publications

Published: 2014-01-01

Total Pages: 441

ISBN-13: 0975933760

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This text introduces the commonly used, basic approaches for reserving and ratemaking in General Insurance. The methods are described through detailed examples that are linked from one chapter to another to illustrate their practical application. Also, professionalism requirements and standards of practice are presented to set the context for the methods and examples.

Probability and Statistics with Applications: A Problem Solving Text

Probability and Statistics with Applications: A Problem Solving Text PDF

Author: Leonard Asimow, Ph.D., ASA

Publisher: ACTEX Publications

Published: 2015-06-30

Total Pages: 762

ISBN-13: 1625424728

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This text is listed on the Course of Reading for SOA Exam P. Probability and Statistics with Applications is an introductory textbook designed to make the subject accessible to college freshmen and sophomores concurrent with Calc II and III, with a prerequisite of just one smester of calculus. It is organized specifically to meet the needs of students who are preparing for the Society of Actuaries qualifying Examination P and Casualty Actuarial Society's new Exam S. Sample actuarial exam problems are integrated throughout the text along with an abundance of illustrative examples and 870 exercises. The book provides the content to serve as the primary text for a standard two-semester advanced undergraduate course in mathematical probability and statistics. 2nd Edition Highlights Expansion of statistics portion to cover CAS ST and all of the statistics portion of CAS SAbundance of examples and sample exam problems for both Exams SOA P and CAS SCombines best attributes of a solid text and an actuarial exam study manual in one volumeWidely used by college freshmen and sophomores to pass SOA Exam P early in their college careersMay be used concurrently with calculus coursesNew or rewritten sections cover topics such as discrete and continuous mixture distributions, non-homogeneous Poisson processes, conjugate pairs in Bayesian estimation, statistical sufficiency, non-parametric statistics, and other topics also relevant to SOA Exam C.

Actuarial Aspects of Individual Life insurance and Annuity Contracts, 3rd Edition

Actuarial Aspects of Individual Life insurance and Annuity Contracts, 3rd Edition PDF

Author: Albert Easton, FSA, MAAA

Publisher: ACTEX Publications

Published: 2014-06-01

Total Pages: 334

ISBN-13: 1625422121

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Actuarial Aspects of Individual Life Insurance and Annuity Contracts provides a comprehensive overview of the features and financial aspects of traditional, indexed, and variable products and their related rider benefits. Product development, pricing, financial reporting methods, and regulatory requirements are addressed for all products, including those with derivative-based guarantees. This provides an introduction to actuarial techniques and the relationships among various financial values for the student and provides a comprehensive summary of current practices on more recent products for the experienced actuary. Spreadsheets are available on the ACTEX website to demonstrate profit testing alternatives.

Life, Health & Annuity Reinsurance

Life, Health & Annuity Reinsurance PDF

Author: John E. Tiller

Publisher:

Published: 2015

Total Pages: 747

ISBN-13: 9781625429025

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"Life, Health, & Annuity Reinsurance addresses the many issues and considerations involved in reinsurance for life, health and annuity companies. Although written by actuaries, it may be read by anyone interested in the topic and does not require an actuarial background"--