Discusses latest developments in the U.S. financial-regulatory arena that impact life companies: Dodd–Frank financial regulation, the NAIC’s Solvency Modernization Initiative [SMI], Principles-Based Reserves and Capital requirements for life and annuity products, and lessons learned from VA CARVM. Session is from the Society of Actuaries December 2010 Advanced Financial Reporting Seminar in New York.

Slides from a session at the Society of Actuaries 2010 Life & Annuity Symposium held in May 2010 in Tampa, FL Discussion of recent economic factors and the impact they have had on life insurance company sales, product mix, and profitability. Some near term forecasts of those factors and impacts is also provided.

This paper uses a mortality surge model to estimate the total financial impact on the U.S. insurance industry of a flu pandemic. It does not attempt to determine the probability of such a pandemic.

Slides from a session at the Society of Actuaries 2010 Life & Annuity Symposium held in May 2010 in Tampa, FL Discussion of recent economic factors and the impact they have had on life insurance company sales, product mix, and profitability. Some near term forecasts of those factors and impacts is also provided.

In the past year, there have been significant rating agency actions as a result of the financial crisis. At this presentation from the SOA 09 Annual Meeting & Exhibit, representatives from Moody's and A.M. Best rating agencies provide their views on current challenges and opportunities for life and health insurance companies.

In the past year, there have been significant rating agency actions as a result of the financial crisis. At this presentation from the SOA 09 Annual Meeting & Exhibit, representatives from Moody's and A.M. Best rating agencies provide their views on current challenges and opportunities for life and health insurance companies.

Provides a current overview of the many statutory valuation issues pertaining to life and annuity products. Focuses on activities of the American Academy of Actuaries relative to principle-based approaches. Issues covered include: • The direction being taken by the Academy’s Life Practice Council on principle-based approaches • The Academy and NAIC structure that is in place to address issues involving principle-based approaches • Status of specific principle-based reserving and risk-based capital standards for life • Developments related to other reserve and risk-based capital issues. Both Session # 1 PD and Session # 7 PD of the Sept. 2010 Valuation Actuary Symposium in Chicago.

Presentation from the 41st Actuarial Research Conference with the main topic of analyzing the life insurance industry.

Provides a current overview of the many statutory valuation issues pertaining to life and annuity products. Focuses on activities of the American Academy of Actuaries relative to principle-based approaches. Issues covered include: • The direction being taken by the Academy’s Life Practice Council on principle-based approaches • The Academy and NAIC structure that is in place to address issues involving principle-based approaches • Status of specific principle-based reserving and risk-based capital standards for life • Developments related to other reserve and risk-based capital issues. Both Session # 1 PD and Session # 7 PD of the Sept. 2010 Valuation Actuary Symposium in Chicago.

The Society of Actuaries seeks to provide actuaries of life insurance companies with a systematic approach for estimating the adverse effects of economic developments that could impede insurer performance. Toward that end, this study combines market and economic factors with insurer-specific data to form dynamic financial models of life insurance. Empirical analysis is based on annual data from 1985 through 1995 for 1,593 life insurers. From NAAJ, April 2001, Volume 5, Number 2.