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: This paper examines the financial management of assets backing a Guaranteed Investment Contract [GIC] portfolio. Immunization and dedication have been the traditional approaches used in financial management. Using interest rate futures in pricing and in balancing the asset portfolio duration is presented as one more variation of traditional immunization. From Transactions of Society of Actuaries 1985, Vol. 37.

Description: 1993 SOA Annual Meeting, New York. This session is about GIC alternatives and synthetics. What are the types of alternatives and what are the associated risks and rewards?

Description: 1993 SOA Annual Meeting, New York. This session is about the panel's career paths in the investment field. Emphasis will be on identifying alternative career opportunities for actuaries, and suggesting approaches for pursuing these avenues. Compensation was also addressed.