Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss how changes in interest rates affect the assets and liabilities of a life insurance company and what a company can do to prepare. This session examines historical trends in interest rates and how companies have reacted to both sudden and gradual changes.

Description: Discussion on problems encountered in filling out the Schedule B and how to solve them. The session will cover reconciliation account, current liability calculations and suggestions for improvement. From the Record of the Society of Actuaries 1992, Vol.18, No. 1A.

Description: This session reviews the past half century's advances in finance such as immunization and hedging theory, modern portfolio theory, capital asset pricing model, option-pricing theory, term structure of interest rate models, and so on. Their application to asset and liability management in insurance and pensions is highlighted and discussed.

Description: Panelists at this session of the SOA 2001 Toronto Spring Meeting discuss new profit measures that are used in the management of the company. The focus is on value-added and risk-adjusted return on capital [RAROC] methods.

Description: Presented at October 1996 Annual Meeting. The SOA has co-sponsored a research project on the use of derivatives by the insurance industry, using annual statement data reported by insurance companies. This session presents the results of the study, and implications with respect to sufficiency of RBC are discussed.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session discussed the 1992 status of NAIC risked-based capital. Topics included: 1. An update of the formula and the model law. 2. The regulatory viewpoint, which addressed the need for RBC and how the model law was to be implemented. 3. The rating agency viewpoint on RBC and its use.

Description: This 1977 panel discussion examined individual tax qualified products. Areas covered included: 1. Regulatory developments 2. Products being used 3. Effect of the current money market on product design 4. Assumptions 5. Results by market 6. Spousal IRA's

Description: Discussed are some of the major effects of the Retirement Protection Act of 1994 in areas other than funding. Topics included are calculation of lump sums, 415 limits, creation of the missing participants program, elimination of the excise tax for some non deductible contributions, and changes in the variable rate program. From the Record of the Society of Actuaries, Vol. 21, No. 4a.

Description: This session focuses on the financial issues related to income products. A panel of experts discusses pricing, investment, and risk management in underwriting payout annuities. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 80PD of the New Orleans Annual Meeting.

Description: 1994 SOA Meeting, San Antonio. This session covered the SEC letter on FAS 87, discount rates analyzing the current yield curve, matching bond portfolios to benefit payments, selection of salary scale, selection of return on assets, update on ASB proposed standards, and the relationship, if any, of funding assumptions to accounting assumptions.