Description: This report has been assembled by the Task Force as a comprehensive guide to practicing actuaries in evaluating the impact of AIDS on the solvency of life and health insurance companies in the US and Canada. From Transactions of Society of Actuaries 1988, Vol. 40, Pt. 2.

Description: This session discussion is about Aids and pricing, underwriting, contract limits, claim reserves, current experience, modeling, and future outlook. From Record of the Society of Actuaries 1988 Vol. 14, No. 1.

Description: This paper by the SOA Committee on HIV research builds on past work to show three projections of the future of the AIDS epidemic. These scenarios can provide information to actuaries in considering the financial impact of AIDS for life and health insurance. The paper develops general population AIDS mortality rates related to the three scenarios. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: Presented at September 1995 Valuation Actuary Symposium. Discusses surplus management, including RBC, the capital management process and techniques, allocations of capital, raising capital, and rating agencies.

Description: This report presents the results of the 1986-92 Credit Risk Event 'CRE' Loss Experience Study which represents a continuation of the 1986-89 pilot study analyzing loss experience by institutional investors on private placement bonds. This continuing study is being conducted under the auspices of the Society of Actuaries and involves thirteen institutional investors which accounted for between 34% and 42% of outstanding life insurance company private placement bond holdings during the study period. The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-92. From Transactions of Society of Actuaries 1997-98 Reports.

Description: 1993 SOA Meeting, Quebec. Actuaries doing reserve testing under new valuation standards face decisions as to how to test for the C-1 or asset default risk. Related topics discussed: 1. The different purposes of evaluating C-1 risk. 2. Some of the evaluation methodologies used. 3. The sources of data to make your assumptions. 4. Some real-life issues and problems, focusing specifically on mortgage loans. 5. An overview of the Society's Credit Risk Study which looked at private placement and mortgage loan credit losses. 6. Practical considerations in modeling C-1 risk and living up to the applicable professional standards.

Description: This panel discussion is from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the National Association of Insurance Commissioners [NAIC] development of a risk-based capital requirement, and the Canadian Life and Health Insurance Association [CLHIA] Minimum Continuing Capital and Surplus Requirements [MCCSR]. They discuss the history of risk-based surplus, recent developments in Canada and various US states, the rating agencies, bank and international requirements, impetus for change, regulatory activity, and the limitations and difficulties of a mandated industry wide formula. Discussion from participants is included. From the Record of Society of Actuaries Vol. 17, No. 4A.

Description: This session discussion is about methods for determining and adjusting contingency surplus. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: 1996 Valuation Actuary Symposium. Topics discussed in this session included developing an approach to quantifying C-3 risk and exploring ways to improve the C-3 component of the NAIC RBC formula.

Description: In this paper a C-1 bond risk analysis is used as an example in a presentation of a generalized approach to solvency risk quantification. From Actuarial Research Clearing House 1993, VOL. 3.