Description: This session from the 2003 Washington D.C. Spring Meeting discusses the recent economic conditions in Europe, Asia and North America and the changes in product design and risk management that have taken place to address such financial risk. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 77PD.

Description: This presentation discusses pension plans provided by U.S. multinational companies, and focuses on issues such as nondiscrimination rules, how the plan benefits compare to those of other countries, benefit indexing and what happens when an employee transfers to another country. From the Record of the Society of Actuaries Vol. 18, No. 4B.

Description: Participants learn about the demographic, economic, and investment aspects of Social Security systems. From the Record of the Society of Actuaries, Volume 27, No. 2, Session 30PD of the Toronto Spring Meeting.

Description: This session from the 1995 SOA New York City Meeting presents various aspects of foreign exchange risk in life insurance company operations, how to measure and adjust for FEX effects, modeling for FEX, effective duration, and accounting for foreign exchange. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: In the absence of a generally accepted guide to actuarial principles and practices for pension plans, a new professional firm offering actuarial consulting services has both the freedom to establish and the burden of establishing the professional policies by which it will be guided. Our thinking about the practical and professional necessity of annual valuations is reflected in this paper. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 1, No. 69 AB.

Description: This presentation is a Teaching Session, number 29TS, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists describe the three basic types of credit derivatives: total return swaps, credit default swaps, and credit spread options. They discuss techniques used to price credit derivatives, accounting and required capital treatment, the size and growth of the credit derivative market in the U.S., Canada, and globally, and early experience and performance of credit derivatives in an actual default case. Discussion from participants is included.

Description: This presentation is an open forum, session 58OF, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. The panelists present both theoretical and practical perspectives of the role of assumed asset returns and credit spreads in determining the fair value of policyholder liabilities. They cover financial economics, how other financial service companies value liabilities, what factors go into determining an appropriate discount rate for insurance liabilities, and issues currently being debated by the International Accounting Standards Board [IASB], and the Financial Accounting Standards Board [FASB]. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: This session from the 2003 SOA Orlando Meeting discusses the advantages and disadvantages of various approaches to managing international operations, including financial reporting requirements, risk management systems, cultural differences and human-resource environments. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: This session from the 1984 SOA New York City Meeting discusses real estate investments, mortgages and equities. Record of the Society of Actuaries Vol. 10, No. 3

Description: This session from the 1995 SOA New Orleans Meeting reviews the codes of professional conduct and standards of practice and the professional obligations when practicing in various other countries. From the Record of the Society of Actuaries, Vol. 21, No. 1.