Description: Presented at June 2000 Spring Meeting. Discusses adjustments mutual company actuaries have to make after demutualization: financial reporting, product design and pricing, profit measures, and roles and opportunities.

Description: Presented at October 1996 Annual Meeting. This session looks at the impact of regulation on the management of insurance operations in Asia, with a particular focus on Japan, which this year 1996 introduced its first major insurance law revision in 50 years.

Description: This Report presents the results of a three-year study on Demutualization by a Task Force of the Society of Actuaries. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This session from the 1995 SOA New York City Meeting discusses the history and evolution of the NAIC Model Investment Law, its current status, provisions and highlights, and the impact of the proposed law on actuarial practice and life insurance companies. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: From a panel discussion session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Overview of New York Regulation 163, including the limits on different types of derivative activities, the Derivative Use Plan required by New York, and the reporting and control requirements.

Description: This session from the 1992 Valuation Actuary Symposium focuses on Risk-Based Capital issues and the important points concerning A.M. Best's view of leverage and capital adequacy in the review process.

Description: This session will be devoted to providing brief updates on the status and future impacts of new and emerging issues in financial reporting. The Canadian update will include the potential implications for U.S. reporting.

Description: A discussion of the need to connect the interrelated requirements of reserve requirements, capital requirements, risk management, IASB requirements and so forth.

Description: 1993 SOA Annual Meeting, New York. This session is about Market-Value Accounting. Topics included: 1. Where market-value accounting came from. 2. An historical perspective on the issue. 3. The mechanics of MVA. 4. How companies may change their investment strategies as a result of SFAS 115.

Description: U.K. life insurers writing participating business are required by the Financial Services Authority to value their assets and liabilities on a market-consistent basis. The purpose of this paper is to: • Explain the valuation approach based on market-consistent values and its rationale. • Set out the issues faced by life insurers in implementing the regime. • Explain how insurers addressed these issues. • Explain the importance of the modeling techniques they used.