Description: Through a case study, this session at the 2004 Valuation Actuary Symposium explores the issues e.g., grouping, expenses, time period, etc. involved in determining deficiencies reserves for health products. Accounting guidance and standard industry procedures are discussed.

Description: Presented at May 1996 Spring Meeting. The recent development of a finance track in the Fellowship syllabus allows the student to acquire expertise in financial market, asset valuation, and investment strategies. Panelists discuss actuarial work assignments undertaken by finance actuaries in life insurance companies.

Description: MSAs, HRAs HSAs—what are they? This session 34 PD of the 2004 Valuation Actuary Symposium compares and contrasts consumer-driven health plans pre- and post-enactment of the new Medicare legislation. The issues involved in these plans are discussed from a managed-care company, employer and consumer perspective.

Description: This session 4 OF of the 2004 Valuation Actuary Symposium discusses the links among shareholder value, investor trust and Sarbanes-Oxley compliance. Approaches to designing, documenting and implementing sustainable control structures as required by Sarbanes-Oxley will be explored. Uses of these control systems to monitor, sustain and improve performance are discussed.

Description: In session 26PD of the 2004 Valuation Actuary Symposium, discussed is how the new Medicare prescription drug legislation creates a number of issues for employers and managed-care plans. Employers must determine the impact of the legislation on their retiree prescription drug costs, evaluate options for plan design and make decisions about how to reflect the effect of the legislation in their FAS 106 valuations. Managed-care plans need to review the effect of the legislation on plan design, statutory filings and financial reporting for their Medicare products.

Description: 1994 SOA Spring Meeting, Orlando. This teaching session introduced Course 230 to seasoned actuaries who missed the opportunity to study ALM material on their road to Fellowship. The focus of this session was to expose the various subjects covered, identify reading materials, and highlight a few topics.

Description: In this presentation Nobel-prize-winning theorems of economics and corporate finance are introduced and followed by a discussion of how the recent waves of corporate restructuring, mergers and acquisitions are motivated by these important and basic theorems. There is also an overview of the SOA's investment and finance education courses. Course F-580 is corporate finance for any type of corporation.

Description: This session examines how technology, managed care and other changes are affecting health-care cost trends. The panel presents analyses of cost trends experienced over the last decade and contrasts those with historical trends. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 81

Description: Presented at October 1996 Annual Meeting. Discusses the latest additions to the Handbook, recent developments/requirements in Canada, and current research to support the Dynamic Financial Condition Analysis Handbook.

Description: Failures of several major insurance companies during the past decade have helped focus public and regulatory attention on the financial strength of the insurance industry. These failures have highlighted the need for new techniques to evaluate the risk assumed by management due to business decisions. “Dynamic Financial Condition Analysis” (“Dynamic Solvency Testing” in Canada) is one new tool for analyzing these risks.