Description: This session from the 1995 SOA New York City Meeting discusses using equities to support long term liabilities covering the following topics: rates, pricing implications, derivatives, GAAP and risk-based capital RBC implications. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: Full version of Risk Management, July 2005, Issue No. 5.

Description: In the past, risk management has not been an integrated process in insurance companies. Changes in the financial industry refocused management attention to risk management. Management is starting to develop new ways to examine financial risks holistically in an integrated model: from 2004 Valuation Actuary Symposium, session 29PD.

Description: From a session at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999 Equity-indexed products require an asset strategy that matches the equity options embedded in the liability. The panel discusses the following: A. Two asset strategies 1. Purchasing equity options that match the liability options: Is this a perfect match or are there still unhedged risks? 2. Dynamic hedging using the mathematics of “the Greeks”: Is it self-insuring? B. Accounting issues with these strategies

Description: Full version of Risk Management, November 2005, Issue No. 6.

Description: This presentation is a panel discussion, session number 42PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelist starts by noting that the session is now ‘Risk Management in a GAAP Context,’ rather than ‘Asset/Liability Management in a GAAP Context,’ meaning management actions designed to address GAAP earnings volatility and GAAP income. To do this, you need to identify the sources of GAAP income volatility and near-term, not long-term, erosion of GAAP income. The speaker believes that stronger and stable GAAP earnings gives management the ability to implement their business strategies: ‘risk management in a GAAP context is all about creating competence in management,’ and if management can implement its business strategies, then it can create long-term value.

Description: Column from the SOA’s Education department for the Oct./Nov. edition of The Actuary magazine discussing the recent events around the Global CERA Credential.

Description: Attendees at session 41 OF of the 2004 Valuation Actuary Symposium are encouraged to send in their hot button issues, as panelists will offer their perspective and encourage participation.

Description: From a session at the Spring meeting of the Society of Actuaries held in San Antonio, Texas, June 14-15, 2004 The panelists discuss the benefits of hedging variable annuity guarantees, the challenges they face and how they keep score.

Description: This session at the SOA 1998 Maui I Spring Meeting discusses issues related to the more direct involvement of actuaries on the asset side of the balance sheet.