Description: Feature article discussing the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and its implications.

Description: This article is about a session held at the October 1996 annual meeting, which focused on how actuaries can move beyond traditional employers.

Description: Presented at October 1996 Annual Meeting. This session deals with the range of loan guarantee programs, program design, pricing and costing of benefits, classification of risks and underwriting, available experience, experience studies and claims management, and actuarial models.

Description: This is an article that discusses the retreat of savings banks from mutuality. As we ponder the future of mutual life insurance, we should be aware of the change sweeping through the mutual savings bank industry.

Description: This session from the 1983 SOA Spring Meeting discusses self-insurance and captive insurance companies including the motives for forming captive insurance companies, the captive concept as it applies to credit insurance, bank holding company captive insurers, the financial and non-financial reasons and operational considerations.

Description: Risk management and capital budgeting are two critical components of the corporate decision process. They often need to be considered jointly at the corporate level because of their natural interaction through the dependent risk exposures and other synergetic relationships within an intricate corporate structure in a dynamic business environment. . This paper develops an integrated framework that aligns these two important corporate strategies across business divisions to optimize the streamlined enterprise strategic goal in a multi-period setting. The proposed integrated framework can serve as a practical guideline for corporate executives to optimally coordinate capital budgeting and risk management at the enterprise level.

Description: Presented at May 2002 Spring Meeting. This session describes the general features of advance programs operated by various Federal Home Loan Banks, summarizes potential benefits to insurers and identifies key issues surrounding the programs.

Description: 2011 SOA Enterprise Risk Management Symposium, Chicago. In this paper, a multivariate quasi-negative binomial distribution is proposed to model frequency dependence among different risk types. The operational risk diversification effect is illustrated through frequency dependency modeled by the bivariate quasi-negative binomial distribution under a framework of Monte Carlo simulation.

Description: This session from the 1995 SOA New Orleans Meeting reviews bank annuity product development from three perspectives: strategic alliances between insurance organizations and banks, a consultant matching banks with insurance carriers, and a reinsurer working with banks on the 'retirement CD' product. From the Record of the Society of Actuaries, Vol. 21, No. 1.