Record of Society of Actuaries, 1998, Vol. 24, No. 1 - Contents

Record, Volume 24, No. 1
Maui I Spring Meeting June 15–17, 1998

This issue of the Record was edited by
Richard D. Cruise (Chairperson), James S. Hawke, Chuck Ritzke (Lead Editor), and Max J. Rudolph.

This volume of the Record contains top sessions based on attendance and sessions approved and/or selected by the various sections of the SOA to be available on the Web.

All sessions that have been transcribed contain a link posted below. If a title does not have a link, no transcript is available. However, the session may be available on tape. Please contact Aven tapes for availability and ordering information at Aven.com.

If you have any questions regarding this and future releases from the Record, contact Glenda Maki, associate editor.

• Session #1 GS
• Overview of Insurance Industry Issues and the Role of the Actuary
• Carroll A. Campbell, Jr., Anna M. Rappaport
•  
• Session #3 PD
• Rethinking the Valuation Process
• Larry M. Gorski, James F. Reiskytl, Robert E. Wilcox
•  
• Session #4 PD
• Managing the People Who Manage the Money
• Thomas J. Hughes, Elizabeth A. Ward, Patricia M. Wilson
•  
• Session #6 PD
• Up–To–The–Minute News Flash on Regulatory Developments
• Donna R. Claire, Thomas C. Foley, Sheldon D. Summers
•  
• Session #7 PD
• Millennium Underwriting
• Richard L. Bergstrom, H. Michael Gaines, Henry C. (Hank) George
•  
• Session #8 D
• Do Reinsurers Have the Right to Raise Rates Under YRT Treaties?
• Ronald L. Klein, John E. Tiller, Jr., Melville J. Young
•  
• Session #10 TS (Record Not Available)
• * Bachelier, Brown, Ito, Leibnitz, Newton, and Taylor! Who Are They and What Do They Have in Common?
• X. Sheldon Lin, Judy L. Strachan
•  
• Session #15 PD
• Current Events in Financial Reporting
• Frank J. Buck, Charles D. (Bud) Friedstat, R. Thomas Herget, Craig R. Raymond
•  
• Session #16 PD
• Asset Allocation: The Final Frontier?
• Anthony Dardis, Michael H. Haney, Steven C. Huber, Andrew R. Young
•  
• Session #17 PD
• Military Marketing: Not Just Taking Orders
• Manley Denton, James A. Robinson, Gregory T. Taylor
•  
• Session #18 PD
• Market Conduct Issues for Product Development Actuaries
• Bruce F. Deal, Marc–Andre Giguere, Mark A. Milton, Robert Schwab
•  
• Session #20 IF
• Inside the Medical Information Bureau
• John R. Avery, John Detwiler, Stacy J. Gill, John A. (Jack) Luff
•  
• Session #21 OF
• Recent Developments in Annuity Reinsurance
• W. David Fairhall, Timothy J. Ruark, Michael Sakoulas
•  
• Session #26 PD
• Peer Review: Canada, United States, and Worldwide
• Lauren M. Bloom, Allan W. Ryan
•  
• Session #28 PD
• Hot Topics for Smaller Insurance Companies
• Scott Harrison, Julia T. Philips, Abraham Weishaus, Alex Zeid
•  
• Session #29 CS
• Success in Bancassurance: A Coin Toss?
• Robert Proehl, Ian N. Robinson, Lori A. Truelove
•  
• Session #30 IF
• Ten Years Later: The Investment Asset/Liability Management
• Steven P. Miller, Robert E. Rachlow, Francis P. Sabatini, A. Eric Thorlacius
•  
• Session #31 IF
• Insurance Compensation Trends and Outlook
• Deanne L. Osgood, Jeffrey M. Robinson, Joel I. Wolfe
•  
• Session #33 OF
• Current Issues in Sales Illustrations
• John D. (Jack) Branscomb, David N. Karo, Wm. Harold Phillips, Forrest A. Richen
•  
• Session #41 PD
• International Valuation Systems: Keeping Up With the Jones/Chens/Muellers/Santos/Mourads
• Daniel J. Kunesh, Shirley Hwei–Chung Shao
•  
• Session #43 D
• Preferred Risk Plans: Should We Have Three Classes or Six?
• James D. Atkins, Allen M. Klein, Carl Macero, David A. Rains, Jennifer K. Richards
•  
• Session #44 IF
• Corporate–Owned Life Insurance (COLI): Trends and Outlook
• Ian Arthur Glew, Timothy Simon Millwood, Christopher L. Parker, Gary Thomas
•  
• Session #45 OF
• Weird Science: Dissection of Derivatives
• Christopher T. Anderson, Charlene Marie Barnes, Larry M. Gorski, Stephen D. Reddy
•  
• Session #46 OF
• Passport to a New Country
• James Liu, Edward F. Mc Kernan, John O. Nigh, Paul F. Turner
•  
• Session #48 TS
• Surfing the Tsunamis of Change
• James Allen (Jim) Dator, Albert E. Easton
•  
• Session #51 CS
• Let's Make A Deal: Life and Health Mergers and Acquisitions
• Charles Carroll, Herbert E. Goodfriend, William R. Horbatt
•  
• Session #57 PD
• Profiting from Financial Turmoil in Asian Insurance Markets
• Stephen H. Conwill, Dale R. Kelly, Jeffrey P. Newnam, Clark A. Ramsey
•  
• Session #58 PD
• Risky Business: Covering Your Assets
• Mark Abbott, Anthony Dardis, Cindy L. Forbes, Francis P. Sabatini
•  
• Session #59 PD
• Equity–Indexed Products: Now That You Have Them, What Are You Going to Do with Them?
• Ann R. Bryant, Jean B. Liebmann, J. Lynn Peabody
•  
• Session #61 OF
• Mutual Insurance Holding CompanyConversions: Lessons Learned
• Carl M. Harris, Paul D. Ochsner, Barbara L.Snyder, Therese M. Vaughan
•  
• Session #67 SM
• Has the Reinsurance Market Benefited from Consolidation?
• Michael E. Barnhart, J. Wade Luther, Michael W. Pado
•  
• Session #69 PD
• Creating Shareholder Value in the New Millennium
• Michael Albanese, Patrick Finnegan, Tim Freestone, Michael A. Hughes
•  
• Session #70 PD
• Policyholders: Your Lucky Charms
• Jay M. Jaffe, Andrea Pass
•  
• Session #71 PD
• Equity–Indexed Annuities: Regulatory Issues
• Noel J. Abkemeier, Donna R. Claire, Errol Cramer
•  
• Session #73 PD
• Fair Value of Insurance Liabilities
• Michael L. Beeson, Steven H. Mahan, S. Michael McLaughlin, David A. Ricci
•  
• Session #74 OF (Record Not Available)
• * Education and Examination Redesign
• Jeffrey G. Allen, William C. Cutlip
•  
• Session #75 OF
• Bad Behavior: Policyholder and Interest Rates
• Kenneth J. Mungan, Klaus O. Shigley
•  
• Session #81 PD
• Successful Selling on the Internet
• J. Bradley Murray, Paul F. Polchert, Brian S. Reid
•  
• Session #82 PD
• Evaluating Life Insurance Companies from the Outside
• Deborah A. Gero, David S. Kimmel, John D. Ladley, Deanne L. Osgood, James H. Overholt
•  
• Session #83 PD
• David vs. Goliath: Yes, You Can Have a Positive Influence on Regulatory
• R. Dale Hall, Julie A. Hunsinger, James R. Thompson
•  
• Session #84 CS
• Failure to Plan is Planning to Fail: An Experience of the Strategic Planning Process
• William R. Horbatt, Dorn H. Swerdlin
•  
• Session #86 PD
• Demutualization in an International Context
• Sue Ann Collins, Fred Rowley, Stephen Paul Taylor–Gooby
•  
• Session #87 PD
• Risk Management
• Cindy L. Forbes, Thomas S. Y. Ho, Shirley Hwei–Chung Shao
•  
• Session #88 PD
• In Search of: Higher Yield and Lower Risk
• Mark W. Griffin, Dave Hogan, John Scowcroft, Elizabeth A. Ward
•  
• Session #89 OF
• Term Wars
• Jeffery T. Dukes, Mary J. Bahna–Nolan, David N. Wylde
•  
• Session #93 PD
• Capitalizing on the Financial Reporting Process: What Does GAAP Tell Us?
• Mary Ann Broesch, Bruce R. Darling, Craig W. Reynolds, Anthony J. Tokarz
•  
• Session #94 PD
• Structuring of Foreign Insurance Entities in Latin America
• Latisha L. Boothe, John O. Nigh, Paul F. Turner
•  
• Session #95 PD
• Variable Annuity Product Design
• Jeffrey K. Dellinger, Deanne L. Osgood, Lilia M. Sham, Terry J. Simpson
•  
• Session #97 PP
• Expenses and Pricing
• Katherine A. Anderson, Sam Gutterman
•  
• Session #102 PD
• Transformation and Evaluation of Credit Risk
• Christopher T. Anderson, Gus Harris, Prakash A. Shimpi, Patricia M. Wilson
•  

*The following sessions from the Maui I Spring Meeting, June 15–17, 1998 willnot be available on the Society's web site and will not be available for release to thepublic. Record sessions must meet certain standards before they can be releasedto the membership. The recorded version of these sessions failed to meet these standardsfor a variety of reasons.