Product Development Symposium June 26, 2007 Includes a discussion of: 1. Equity Index Annuities 2. Market Risk Dimensions for equity indexed annuities and variable annuities with guaranteed benefits 3. Cultivating Product Diversity to reduce aggregate risk 4. Hedging 5. Going Naked

At the conclusion of the session, attendees will be able to apply the discounted density approach to value equity-linked insurance products, such as equity-linked death benefits, variable annuities and minimum guaranteed death benefits. The attendees will be able to calculate the Greek letters, such as delta, gamma by using the closed-form formulas for various kinds contingent options learned in this session. After the session, attendees will be able to identify practical concerns when attempting to apply theoretical equity models to actual situations. The attendees will be able to select appropriate approaches to justify the solutions to be employed when dealing with practical problems in the use of equity modeling

At the conclusion of the session, attendees will be able to apply the discounted density approach to value equity-linked insurance products, such as equity-linked death benefits, variable annuities and minimum guaranteed death benefits. The attendees will be able to calculate the Greek letters, such as delta, gamma by using the closed-form formulas for various kinds contingent options learned in this session. After the session, attendees will be able to identify practical concerns when attempting to apply theoretical equity models to actual situations. The attendees will be able to select appropriate approaches to justify the solutions to be employed when dealing with practical problems in the use of equity modeling

The session will attempt to show that 1) the ground rules for stable value have not changed; 2) the risk/return arguments for choosing stable value as a defined-contribution plan’s safe option are as strong as ever; 3) the financial crisis of 2008 did affect stable value contract issuers’ risk tolerances and that has changed the mix of products available and raised their prices; 4) the concerns of stable value pooled funds are plan-level concerns that do not affect the guarantees available to participants, and the changes taking place with respect to pooled fund put options actually benefit stable value pooled fund participants.

ERM and Investment strategies for healthcare companies

This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Letter to the editor from a reader regarding a previous article titled, “Is This Correction Good For Life Insurance,” with a response from the author of the article.

This article discusses the potential impact that low interest rates can have on the Life Insurance industry, even if they occur for a short period of time.

Article Nathaniel Ingersoll Bowditch by Bartlett in The Actuary, June 1979, Volume 13, Number 6

The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.