Description: This meeting session presented a discussion on the effect of new federal policies as of 1982 on medical insurance. Topics include cost shifting, employers contributions, rebates, vouchers, and provider negotiation. From Record of the Society of Actuaries Vol. 8, No. 2

Description: This panel discussion, which occurred at the May 1982 SOA meeting in Colorado Springs, presented a discussion on the effect of new federal policies on medical insurance. The discussion included federal cost shifting and pro-competition consumer choice bills. From Record of Society of Actuaries Vol. 8, No. 3.

Description: This document summarizes a meeting of the Reinsurance Section that occurred at the October 1982 Society of Actuaries annual Meeting in Washington D.C. The meeting consisted of a discussion related to the role and purpose of the section, a discussion of problems and pitfalls related to reinsurance treaties, and discussions related to choosing a reinsurer.

Description: This panel discussion session focused on the practical applications of risk theory.

Description: This is a panel discussion session examining the future of individual comprehensive medical expense insurance including trends, state regulation, plan design, and financial experience. From Record Of The Society Of Actuaries Volume 8, Number 4

Description: Panel discussion session on universal life examining marketing strategy, product line management, replacement programs, federal income taxes from three different viewpoints, mutual company, stock company, and Canadian company

Description: This is a panel discussion session on pension products focusing on markets, distribution systems and differing viewpoints on products. From Record of Society of Actuaries Vol. 9, No. 1

Description: This is a panel discussion session from the 1983 SOA Spring Meeting exploring the strategic thrust of some companies to offer a wide range of financial services and products. From Record of Society of Actuaries Vol. 9, No. 1.

Description: The main aim of this paper is to apply some of the techniques of modern time series and econometric analysis to analyse investment data in order to better understand the nature of long run relationships in investment series typically used in stochastic investment models. The paper attempts to identify and address fundamental issues that need to be considered before developing a particular stochastic investment model.

Description: By the use of resampling and extreme value statistics we will develop a method to reduce the time and costs of testing insurance company insolvency. Most ruin models require assumptions about the surplus distribution and/or assumptions about the claims count and severity distributions. The actuary may not be comfortable in making these ruin assumptions. Instead, he or she may generate such distributions by running extensive computer simulations of corporate models, I introduce a method to reduce the number of simulations necessary' to estimate the 1 and 0.1 percentiles of the surplus distribution. This approach 'cuts off' the tail at approximately the tenth percentile of the sample distribution and generates new tails for the distribution by resampling. Averages of the new order statistics approximate the I and 0.1 percentiles.