Description: The SOA is interested in understanding how companies are performing scenario analysis, thinking through how various stakeholders (regulators, general public, competitors) could be reacting to a large-scale large-impact event over a multi-year period.

Description: 1990 Valuation Actuary Symposium Proceedings is a panel discussion on the status of the valuation actuary and the change in the valuation law.

Description: In 2020, the Korean insurance regulator, Financial Services Commission (FSC), introduced a coinsurance structure allowing for full risk transfer—including investment risk, interest rate risk, insurance risk, and policyholder lapse risk—as a permitted practice. Expanding use of coinsurance in the Korean insurance market brings a suite of potential benefits to Korean insurance companies including increased financial flexibility, options to improve policyholder protection and shareholder value through optimization of business strategies. As such, FSC’s initiative and intention to introduce coinsurance opportunities to the market is commendable.

Description: 1997 Valuation Actuary Symposium, Session 18, is the first part for the Practitioners' Forum. The goal of this session is to address some of the major issues and concerns of actuarial managers.

Description: This is the SOA website page displaying the table of contents for Risk Management: The Current Financial Crisis, Lessons Learned and Future Implications series of essays.

Description: This article provides an introduction to group supervision and group capital and its importance in today's increasingly global insurance market. Additionally, the article examines the various methods used in practice for calculating group capital and the factors that companies should consider as they develop their group capital management strategy.

Description: This panel discussion, which occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C., presented information on the management of assets in relationship to liabilities. The information was based on a report from the C-3 Risk Task Force. Topics included: 1. Design of investment strategies to develop cash flow patterns appropriate with the liabilities. 2. Structuring the company to assure that investment returns are channeled to appropriate lines of business. 3. Valuing liabilities to appropriately recognize the relationship between assets and liabilities. 4. Should the actuary be concerned with certification of assets as well as liabilities? 5. Equity among lines contributing to investable cash flow.

Description: This discussion looked at precautions the Home Office operations of a life insurance company could take to prevent disruption or destruction of records due to war. This discussion also reviews the topic of warfare on the U.S. continent and if the hazard would be bearable for individual companies and/or by the industry with a suitable pooling of risks.

Description: This research study was designed to answer the following questions: 1. What are the most commonly occurring risk categories? 2. What are the most commonly occurring risk subcategories? 3. What are the most commonly occurring individual risks? 4. Which individual risks tend to make front-page news? 5. Which risks generate the most extensive coverage in the form of repeat articles? The scope was defined as significant downside risk events experienced by Canadian nongovernmental organizations as reported in the first 10 pages of either Section A (Front) or Section B (Report on Business) of The Globe and Mail in a 2012 weekday (Monday-Friday) edition, as recorded in their online archives (“GlobeArchives”).

Description: This session discussion is about deterioration in claims-paying ability, financial well-being of life insurance companies, benchmark surplus standards, key operation ratios, credit analysis of asset holdings, market view of stock companies, adequacy of capital in the industry, appropriate risk/reward posture in the industry, advice to management, outlook for the various business and views on surplus relief devices. From Record of the Society of Actuaries Vol. 15, No. 3A.