SOA - The Record – May 2003 Washington Spring Meeting Record Sessions

The Record

SOA 2003 Washington Spring Meeting Presentation Materials

Table of Contents

This issue of The Record was edited by Richard D. Cruise (Chairperson), Francis Bernardi, John Blocher, William Brummond, Susie Chan, Steven Ellner, Tom Hruska, David Jeggle, Mark Kinzer, Steven Lemanski, John Luebkeman, Craig Morrow, Chuck Ritzke, Randy Rotschafer, Jack Seigel, Blake Warneke, Carl Westman and Elizabeth Willard

This volume of The Record contains top sessions based on attendance and sessions approved and/or selected by the various sections of the SOA to be available on the Web. Please note some Sessions may not have Records available.

Session #1 GS (Record Not Available)
General Session
Sylvia Nasar
Session #3 PD
International Accounting Standards Update
Emma McWilliam, William C. Hines
Session #4 PD
Economic Capital
Hubert B. Mueller, Dennis P. Lauzon, Ellen Woodruff Hall
Session #5 PD
Interest Rates Are On The Move: Is Your Company Prepared?
David J. Weinsier, R. Ross Bowen, Henry M. McMillan
Session #6 PD (Record Not Available)
Debt Protection Update
Christopher H. Hause, Hugh Alexander, W. Michael Balsley
Session #7 PD
Pricing Risk Management
David T. Henderson, Keith A. Dall, Douglas L. Robbins
Session #8 PD
Variable Life – Product And Distribution Issues
Nancy M. Kenneally, Mathew Greenwald, Thomas P. Kalmbach
Session #9 PD
Moving From Accumulation To Income
Novian E. Junus, Francis P. Sabatini, Matthew P. Sharpe
Session #10 OF
Managing Credit Risk In The Changing Market Environment
John O. Nigh, Peter O. Davis, Joel S. Salomon
Session #11 TS (Record Not Available)
Using Bayesian Statistics And The Monte Carlo Method
Thomas N. Herzog
Session #14 GS (Record Not Available)
General Luncheon – What Do You Stand For?
Jim Lichtman
Session #17 PD
Current Events – GAAP
Michael A. Hughes, John W. Morris, Jason A. Morton, Deborah Whitmore
Session #18 PD
So, The Equity Markets Don’t Always Go Up? Capital Markets Hedging Of Variable Annuities and Equity–Indexed Annuities
Marshall C. Greenbaum, D. Kent Freeman, Daniel R. Patterson, Jun Zhuo
Session #19 PD
Credit Risk Modeling For Life Insurers
Martin K. le Roux, Tarek Himmo, Larry H. Rubin
Session #20 PD
Design And Pricing Of Products For Internet Distribution
W. Howell Pugh, Gary Thomas
Session #21 PD
Variable Annuity Riders
Robert P. Stone, Timothy E. Hill, Ari Joseph Lindner
Session #22 PD
Individual Disability Insurance
Erica Morrison–Brazitis, Andronico Lucas Castillo, Steven Miller, Daniel D. Skwire
Session #23 PD
The Standard Nonforfeiture Law
Noel John Abkemeier, Douglas John Bennett, Eric J. Carlson
Session #24 OF
Bringing Risk into Capital Management
Alastair G. Longley–Cook, Chiu–Cheng Chang, Geoffrey Henry Hancock, Francis P. Sabatini
Session #25 OF (Record Not Available)
Update From The SOA: Risk Management Task Force
David N. Ingram, Hubert B. Mueller, James F. Reiskytl, Darin G. Zimmerman
Session #26 TS
Presenting to Rating Agencies
Francis de Regnaucourt, Robert L. Riegel, Jose D. Siberon
Session #29 PD
The Future of our Profession
Michael L. Kaster, Michael M. Braunstein, Harry J. Panjer, Stuart F. Wason
Session #30 PD
Special Risk Management Issues For International Operations
Rejean S. Besner, Katherine A. Anderson, Simon R. Curtis
Session #31 PD (Record Not Available)
Achieving A High ROI On Human Assets
David S. Duncan
Session #32 PD
The Evolving Viatical And Life Settlement Market
Traci J. Lilly, Gerry H. Goldsholle, Michael D. Quinn
Session #33 PD
Emerging Issues In Quota Share Reinsurance
Craig M. Baldwin, Johanna B. Becker, Michael S. Stein
Session #34 BG (Record Not Available)
Latest On AOMR And Other Smaller Insurance Company Issues
R. Dale Hale, Kenton L. Scheiwe
Session #35 L
What Is The True Value Of Tax Deferral?
Krzysztof Ostazewski, James M. Carson
Session #36 OF (Record Not Available)
Concepts On Professionalism
Lauren M. Bloom, William J. Falk, Marc I. Whinston
Session #37 OF
Electronic Security In The Internet Age
Brian M. Septon, Mitchell Schwartzwald
Session #38 WS (Record Not Available)
Professional Needs Of Life Actuaries
Edward L. Robbins, Narayan Shankar
Session #41 SM (Record Not Available)
Management And Personal Development Section Hot Breakfast: Does This Suit Fit?
Lori Ann Stevens, Michael M. Braunstein
Session #43 SM (Record Not Available)
Actuary Of The Future And Futurism Sections' Career Enhancement Hot Breakfast
William R. Horbatt
Session #44 SM (Record Not Available)
Education And Research Section Continental Breakfast
Krzysztof M. Ostazewski
Session #47 PD
Current Events – Statutory
Mark D. Peavy, Mike Pickens, Therese M. Vaughan
Session #48 PD
No Place To Hide – Consolidating Insurers' Exposure To Equity Market Risk
John P. Toohey III, Sandeep Bidani, Linyi Zhang
Session #49 PD
Investment Risk: The Operational Side
R. Ross Bowen, Liam Cheung, Glenn Heiser, Susan Keating
Session #50 PD (Record Not Available)
Introduction To Voluntary Benefits
Christopher H. Hause, Diana Thulin, Thomas F. Welch, Jr.
Session #51 PD
Preferred Underwriting: Survey Says?
Mary J. Bahna–Nolan, Richard L. Bergstrom, Anna Hart, Mark Swanson
Session #52 BG (Record Not Available)
Risk Management Buzz Group
David N. Ingram, Jennifer K. Bowen, Darin G. Zimmerman
Session #53 D
Embedded (Economic) Value Versus Fair Value Versus U.S. GAAP
Daniel J. Kunesh, Hubert B. Mueller, Morris W. Chambers, Kenneth A. LaSorella
Session #54 OF
The Coordination Of Actuarial Assumptions
David Y. Rodgers, Novian E. Junus, Esther H. Milnes
Session #55 TS
Improving The Product Development Process
Kelly A. Levy, Phillip Paul Ferrari, Paul R. Myers
Session #59 PD
Reserving Issues For Variable Annuities
Vincent Y.Y. Tsang, Bradley E. Barks, Errol Cramer, John O. Esch
Session #60 PD
Critical Illness Products: Recent Lessons From International Markets
James C. Christou, Susan Kimball, David J. O'Brien
Session #61 PD
Benchmarking Investment Performance
Anson J. "Jay" Glacy, Jr., Scott S. Hartz, William H. Panning
Session #62 TS
Building An Economic Scenario Generator
Hal Warren Pedersen
Session #63 PD (Record Not Available)
Internet Niche Products: A Case Study
W. Howell Pugh, Kevin McKenna
Session #64 PD (Record Not Available)
What If You Stretch Investment Yield And It Snaps?
Kenneth P. Mungan, Frank J. Cataldo, Timothy L. Swenson
Session #65 PD
Managing Risk Concentration In The Post–9/11 Environment
Michael E. Gabon, George E. Davis, Tim J. McGrath, Patrick J. Shannon
Session #66 IF (Record Not Available)
Today's Controllership Environment: The Product Actuary's Responsibility
Paul A. Haley, Robert A. Diefenbacher, David Y. Rodgers
Session #67 PD (Record Not Available)
Universal Life And Variable Universal Life Secondary Guarantees: Where Do We Go From Here?
Keith A. Dall, Jeremy Allen Bill, Michael J. LeBoeuf, Thomas E. Norton
Session #68 TS
Stochastic Modeling In The Financial Reporting World
Robert W. Wilson, Ronald J. Harasym
>Session #69 WS (Record Not Available)
Actuarial Software Quality Assurance
Angelos Giannakopoulos, John R. Roeger
Session #70 WS (Record Not Available)
Reporting Financial Results
Jason A. Morton
Session #73 SM (Record Not Available)
Product Development Section Luncheon
Susan Kimball, Michael D. Regester
Session #74 IF (Record Not Available)
It Takes Practice!
Basha H. Zharnest, John Thomas
Session #77 PD
Financial Risks – Lessons Learned From Other Jurisdictions
Robert W. Wilson, Hubert B. Mueller, Steven I Schreiber
Session #78 PD (Record Not Available)
Asset Modeling Assumptions
Robert J. LaLonde, Louis J. Gering, David Edward Martin
Session #79 P (Record Not Available)
Implications Of A Low–Interest–Rate Environment
Bryan Boudreau, Pin J. Chung, Koji Kondo
Session #82 TS
Bridging The "GAAP": Practical Implications Of Using GAAP Profit Measures In Pricing
Richard D. Farrell, Brian E. Springer
Session #83 WS (Record Not Available)
AICPA Statement Of Position On Non–Traditional Contracts
Steeve Jean, Carole F. Salome
Session #101 WS (Record Not Available)
Current Statutory Reporting Topics for Life Products
John F. Gies