Description: Panel discussion focused on the Effective Use of Capital. Topics included: 1. Definition of capital 2. Appropriate level of capital and surplus in a life insurance company 3. Alternatives for deploying capital 4. Returns a life company should demand on invested capital 5. How much a company should charge for lending its capital in reinsurance transactions

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 is a discussion about computer modeling as a management tool. From Transactions of Society of Actuaries 1969, Vol 21 Pt. 2, No. 59

Description: 1993 SOA Meeting, Quebec. This session is about solvency issues of life insurance companies in other countries, regular standards, role of the actuary and examination of past experience. Topics addressed: 1. Regulation as an entry barrier or even as a barrier to staying in a country. 2. Developments in the European Community, particularly in the U.K with respect to solvency issues.

Description: This session at the SOA 1990 Annual Meeting is about international diversification by life insurance companies and the oppurtunities versus the risk from a strategic standpoint. Views are presented by companies in the United States, Canada, Australia and Japan.

Description: This paper attempts to develop an actuarial rationalization for the governance of a mutual life insurance company. It addresses setting surplus targets, long term growth objectives, internal performance accounting, and mergers and acquisitions. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This is a discussion about computer models and simulation tools for life insurance companies. From Transactions of Society of Actuaries 1969, Vol. 21, No. 59AB

Description: Presented at May 1985 Spring Meeting. This session discussed: Overview of current activities, Evaluating accounting alternatives, Accounting for participating business, Differences in management reporting and GAAP reporting.