Description: Presented at May 2002 Spring Meeting. Attendees learn about the new capital allocation, the financial products company 'FPC' model recently developed by S&P -including S&P's view of interest rate risk and credit risk in the FPC model, challenges of implementing the model for a life insurance company, and how the FPC model compares to economic capital methodology.

Description: Presented at May 2005 Spring Meeting. Panelists discuss annuity risk management, with particular focus on RBC and the proposed Actuarial Guideline on reserving, and how this can be applied to new product development as well as in-force product management.

Description: Presented at October 2000 Annual Meeting. Panelists discuss the primary risks of long-term-care insurance, reasons for reinsurance utilization, the variable forms of long-term-care reinsurance in today's market, and other forms of risk management.

Description: This session from the 2003 Washington D.C. Spring Meeting discusses a variety of risks that need to be considered in pricing life and annuity products. This session also reviews the results of the Risk Management Task Force Survey including how companies were measuring profit, how they were reflecting risk in pricing, how results were analyzed and how specific risks were being modeled. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 7PD.

Description: Presented at May 2000 Spring Meeting. This teaching session deals with the use of reinsurance in the strategy of carriers' approaches to the long-term-care marketplace. Specifically, it discusses the market potential of LTC and the benefits of reinsurer expertise, smoothing of claims variability and protection from excess risk, the pros and cons of selling another carrier's plan, and types of reinsurance.

Description: From the 1985 Valuation Actuary Symposium Discussion of the practical application of cash flow testing in the valuation process.

Description: This presentation from Session 109 of the SOA May 2004 Anaheim Spring Meeting discusses how to improve the manner in which the funding of a defined benefit pension plan reacts under adverse economic conditions using asset-liability projections. Investigating the utility of hedge funds and other investment products in the risk management of pension plans is also discussed. From the Record of the Society of Actuaries, Volume 30, No. 1.

Description: This panel discussion session looked at recent and proposed regulation of life insurance underwriting. Specific topics included: i. Problems with traditional underwriting classifications: privacy, disclosure, anti-discrimination, etc. 2. New and acceptable classifications: smoking, lifestyle, build, blood pressure, finances, etc. 3. Possible transition problems: existing policies, persistency, coordination of previous data with newer classes, etc.

Description: Panelists discuss: [1] how they determine appropriate issuer and concentration limits in a below-investment-grade portfolio, [2] the best techniques for monitoring and managing exposures as they improve or deteriorate, and [3] opportunities for managing credit risk through synthetic structures and derivatives. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 55PD of the Boston Annual Meeting.

Description: Discusses the history of conventional pension plans, the conventional wisdom about investing plan assets, and the new wisdom about matching investments [assets] with expected pension-plan liabilities. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.