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  • Hedging Variable Annuity Guarantees: A Practical Discussion
    Once the reinsurance market started to dry up, the direct writers had to look at other alternatives. Not ... there are even differences of opinion within our primary auditor in terms of how you should go about valuing ...

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    • Authors: Zafar Rashid, Francis Sabatini, Application Administrator, Daniel D Heyer, Mark Evans
    • Date: Jun 2004
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Guaranteed living benefits; Annuities>Variable annuities; Finance & Investments>Risk measurement - Finance & Investments; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Stochastic models
  • How to Make Guarantees on VAs Worth More than the Paper They're Written On
    what Ari will be talking about. They'll have a direct impact on the capital requirement with the credit ... capital of a direct writer through a reinsurance program. We built a model from a direct writer's perspective ...

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    • Authors: Ari Lindner, Jason Kehrberg
    • Date: Jun 2004
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Risk measurement - Finance & Investments; Modeling & Statistical Methods>Stochastic models
  • Risk-Based Capital
    concerned, at the top is the RBC (E) Task Force. They direct all activities and report to the E Committee, which ... discuss is long-term care. The structure has been working to develop new long-term-care requirements for ...

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    • Authors: Robert G Meilander, Arnold N Greenspoon, Charles Dana Tatro
    • Date: Sep 2003
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods>Stochastic models; Public Policy
  • Stochastic Immunization
    typically. The price function of the model is a direct result of the rate changes at particular points ... we have to average things out and let things take care of them. We also make a real effort to make sure ...

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    • Authors: Josephine Marks, Claus S Metzner, Scott E Navin, Steven Craighead, Frederick Slater, Jose Siberon
    • Date: Jun 2000
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods>Stochastic models
  • Risk-Based Capital Requirements on Variable Annuities with Guarantees
    accumulation factors. It was developed not from a direct analysis of the historic data, but by taking the ... fewer than 1,000 scenarios unless you take great care in selecting the sample. From the modeling, the ...

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    • Authors: Jeffrey A Leitz, Geoffrey Hancock, Dominique Lebel
    • Date: Oct 2003
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Variable annuities; Modeling & Statistical Methods>Stochastic models
  • Capital and Hedge Modeling for Variable Annuities
    you care about the long-term statutory balance sheet. If you’re a company, you may very well care about ... 5 that if you’re not diversified, we don’t care how much capital you hold, it’s inadequate, you ...

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    • Authors: Hubert B Mueller, Application Administrator, Ulrich Stengele
    • Date: Jan 2005
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Economic capital; Modeling & Statistical Methods>Stochastic models
  • Stochastic Modeling for Health Actuaries
    nothing to do with what we're looking at. We don't care how many really big claims a particular group had ... on those means that we're comparing. This takes care of it. It's not going to have any influence at all ...

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    • Authors: Charles S Fuhrer, Darrell Knapp, Doug Fearrington
    • Date: May 2004
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Health & Disability>Health insurance; Modeling & Statistical Methods>Stochastic models
  • Long-Term Disability Buyouts
    total removal of the business, with the name of the direct writer no longer on the contract, there's an immediate ... auditors told us. One of the other advantages to the direct writer is freeing up capital. The risk- based capital ...

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    • Authors: Michael Gabon, Stephen Mitchell, Daniel D Skwire
    • Date: Oct 2000
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Strategic Insight and Integration>Effective decision-making
    • Publication Name: Record of the Society of Actuaries
    • Topics: Economics>Health economics; Health & Disability>Disability insurance; Modeling & Statistical Methods>Stochastic models; Reinsurance>Reserving - Reinsurance
  • Stochastic Pricing
    consideration; the results have to be interpreted with care. That’s particularly important when the audiences ... Enterprise Risk Consulting for about eight years. His primary areas of focus include guarantees on variable ...

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    • Authors: W Steven Prince, Timothy Hill, Chris Stiefeling, Michael Bean
    • Date: Jun 2001
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Modeling & Statistical Methods>Stochastic models
  • Session 75 - Evolving the Role of the Valuation Actuary in a Principles-Based World
    Session 75 - Evolving the Role of the Valuation Actuary in a Principles-Based World Principle-based ... Wyman and is located in the Hartford office • His primary areas of practice include life principle-based ...

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    • Authors: Heather Gordon, Philip Rant, John Robinson, Chris Whitney
    • Date: Sep 2019
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods>Stochastic models