Description: 1994 SOA Spring Meeting, San Francisco. This session provided an overview on the following issues regarding solvency analysis: 1. Will the actuary perform a financial condition analysis or provide an opinion on solvency? 2. Will the analysis be for internal use only or for public reporting? 3. Progress on the SOA's Dynamic Solvency Handbook. 4. Dynamic solvency research. 5. Canadian experience with solvency testing.

Description: 1998 Valuation Actuary Symposium. Dynamic Financial Condition Analysis is analysis and sensitivity testing and stress testing. Stated another way it is measuring the ability of a company to support future operations. The panelists provided an update on recent Society research that has been done and examples in practice.

Description: In session 120IF of the Washington Annual Meeting panelists discuss latest developments related to Dynamic Financial Condition Analysis. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: Full version of International Section News, April 2007, Issue No. 41.

Description: Illustrative impacts on new business profitability of the 2017 Tax Cuts and Jobs Act for a variety of different life and annuity product types

Description: This session at the 1998 Valuation Actuary Symposium looks at how companies can use the cash-flow testing structure for additional analysis and be more useful to the managment of the company. The concept of transfer pricing within a life company is explained.

Description: An excerpt from 2015-2016 SOA President Craig Reynolds’ address to members at the 2015 SOA Annual Meeting and Exhibit, focusing on ideas to explore in the year ahead.

Description: This session 60OF of the 2004 Valuation Actuary Symposium open forum addresses current issues of interest to actuaries in the application of U.S. GAAP. Experts in the application of GAAP to life insurance companies lead discussions on the theoretical and practical aspects of these topics and other emerging issues.

Description: This paper applies the research in Prospect Theory of Kahneman and Tversky to explain why sales of annuities lag sales of life insurance products. The author theorizes that life insurance is easier to sell because customers perceive themselves to be in the domain of losses, while potential annuity customers perceive themselves to be in the domain of gains. Kahneman and Tversky showed us that people are mostly risk averse in the domain of gains and risk seeking in the domain of losses. Purchase of an annuity or life product is a risky investment. Customers will find it easier to take the risk in the life insurance domain of losses than the annuity domain of gains. The author then proposes a hybrid life annuity product that might address both mortality and longevity risk in one product that would allow both products to be more competitive than stand-alone products.

Description: 1993 SOA Annual Meeting in New York. This session is about Dynamic Solvency Handbook developed by The Financial and Investment Management Practice Education Committee. The handbook is for actuaries who prepare solvency reports, and the targeted completion date was December 31, 1994.