This session will provide an update of the current state of the variable annuity market along with guaranteed living benefit (GLB) features. The panel will also analyze reinsurance techniques used to mitigate GLB volatility risk.

This session will provide an update of the current state of the variable annuity market along with guaranteed living benefit (GLB) features. At the conclusion of the session, attendees will be able to identify the variable annuity market and product features including GLBs. The attendees will also be able to describe different reinsurance techniques to mitigate volatility.

Insurance needs are often addressed through contracts with long-term guarantees. Should life insurance companies be selling such long-dated investment and biometric guarantees? For how long? Is the insurance industry equipped with enough expertise and capacity to handle long-term guarantees? Are the risks associated with those guarantees transparent to stakeholders and reflected on financial statements? Can they be shared and with whom? Hear arguments on both sides of the issue and come to your own conclusions. This session will address these questions in the context of the current regulatory regimes in Canada and the United States. At the conclusion of the session, attendees will have a greater appreciation of risks undertaken by insurance companies and what counter-measures are in place to mitigate them.

The Investment-Based Investment Guarantees Conference, sponsored by the Society of Actuaries and Annuity Systems Inc., is an event designed to give risk-management, product development and valuation professionals with limited-to-moderate experience an understanding and appreciation of how better to quantify, monitor and manage the risks underlying the investments guarantees sold by insurance companies (e.g with profits, variable annuities).

In this session, speakers will provide the audience with an overview of the North American and European markets, new products, regulations and possible trends.

2010 Equity–Based Insurance Guarantees Conference, New York. This session discussed product and market trends in the VA and EIA markets from Regulatory, Accounting, and Risk Management perspectives.

Equity-based Insurance Guarantees Conference, Boston, Oct 2008. In this session writers of VA and EIA risks share their experiences in running in-house hedging programs, the resources required, interaction with the investment banks and how they balance between different risk management objectives.

Equity-based Insurance Guarantees Conference, Boston, Oct 2008. This session reviews the evolution of the marketplace leading up to the current product designs in the VA/EIA markets. Outline: - Product and Market Trends – North America - Product and Market Trends – Global - Rating Agency/Regulatory Developments - Recent Trends with Risk Management - Outlook

Slides from a panel discussion at the Society of Actuaries 2010 Life & Annuity Symposium held in May 2010 in Tampa, FL Discussion of the consumer tax treatment of certain longetivity insurance products.

Slides from a panel discussion at the Society of Actuaries 2010 Life & Annuity Symposium held in May 2010 in Tampa, FL Discussion of the consumer tax treatment of certain longetivity insurance products.