Description: 1999 SOA Regional Meeting, Atlanta. In this presentation on translating bond default experience studies into a pricing deduction, the panelists focus on: 1. An approach to anticipating defaults of publicly rated companies. 2. Use of bond default experience studies in a specific company environment. 3. A Wall street approach.

Description: 1993 SOA Meeting, Quebec. This session is about life company solvency. The speakers discussed whether they believe the industry has stabilized and gave us their perceptions on what the future holds and what companies can do to remain solvent. Topics included: 1. A quick solvency review. 2. Summary of the Duff & Phelps rating process. 3. The key issue facing the life insurance industry today - real estate. 4. How a rating agency views and uses RBC. 5. How to use ratings or, basically, what ratings are and what they aren't. 6. The future of the life, health, and annuity industry with respect to solvency. 7. The capital markets generally and their view of the life sector specifically.

Description: Discussion of bankruptcy and the implications for benefit plans, the obligations, collectively bargained benefits. Specific discussion of the LTV case.

Description: 1996 Valuation Actuary Symposium. A panel of actuarial regulators answered the questions: 1. What are the regulatory expectations from asset adequacy analysis? 2. When regulators review a company's opinion and memoranda, what are the things they are looking for? 3. What are the things that haven't been done as well as they like? 4. What do they feel can be improved on in the process? 5. How does the process itself work?

Description: Presenters at session 115PD of the New York Annual Meeting provide an overview of structures used for credit enhancement of GICs as well as an understanding of how financial guarantees work in the GIC market. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: A controversial alternative to ERISA/FASB actuarial cost methods and assumptions is presented as a challenge from the discipline of financial economics. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 37PD of the Dallas Spring Meeting.

Description: This session from the 1995 SOA Boston Meeting discusses the asset/liability implications of synthetic GICs, book value wrappers, the investment risks, and how companies are handling these risks. From the Record of the Society of Actuaries, Vol. 21, No. 4a.

Description: Presented at May 1996 Spring Meeting. This teaching session covers course F-585 in the exam materials, which is intended to provide background for the actuary who aspires to become the chief financial officer of a financial institution. It addresses raising capital and financial management.

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: 1994 SOA Spring Meeting, San Francisco. This session explored the product design, pricing, and investment management strategies to mitigate the risk of long term minimum interest rates in a low interest rate environment.