Description: This panel discussion is about claim reserves. It focused on: 1. Review of methods and statutory requirements in the establishment of claim reserves for property and casualty, life and health insurance. 2. Discussion of different approaches in casualty and life blanks e.g., incurred but not reported reserves.

Description: This 1978 discussion focused on individual annuities especially non-qualified single premium and flexible premium annuities. Areas covered include marketing problems, product design, reasons for popularity, tax characteristics, SEC investigation and NAIC Model Reg.

Description: This meeting session was presented at the SOA's 1980 Spring Meeting in Minneapolis. It discusses a report of the Federal Trade Commission issued in 1979 related to insurance company practices and business with regards to life insurance. The report lists four consumer problems: low return on savings element, loss of money due to early lapse, high variation in costs of policies among companies suggesting inadequate price competition, ordinary insurance is expensive relative to death protection provided. The report also provided recommendations to correct these issues.

Description: This 1981 session focused on Life and Casualty Company Organization for the 1980's. Topics included: 1. The Emerging Managerial Environment 2. Emerging Strategies - What new strategies are called for, and how will goals change with respect Co: a. Profit? b. Surplus levels? c. Growth? 3. Emerging Organization - How should companies organize for the future? From Record of Society of Actuaries, Vol. 7, No. 3.

Description: This session from the 1981 SOA Spring Meeting focused on Disability Income Marketing Approaches for group disability, multiple employer trusts and individual disability. The following factors that influenced the market place were reviewed: high inflation, high unemployment and regulations. From Record of Society of Actuaries, Vol. 7, No. 3.

Description: This is a discussion of Universal Life insurance, dealing with: 1. Product characteristics 2. Sales compensation 3. Marketing support 4. Regulatory treatment 5. Taxation 6. Administration

Description: This panel discussed studies of the risk of loss due to changes in the interest rate environment. It addressed why the C-3 risk is important and how inflation and stability in interest rates can affect the financial soundness of life insurance companies. There was also a discussion of the theoretical work being carried out to calibrate the C-3 risk of variation in interest rates and to what extent the valuation actuary can properly recognize the risk of loss from changes in the interest rate environment within the framework of valuations laws and regulations.

Description: This session from the 1976 SOA Fall Meeting discusses the NAIC Model Life Insurance Soliciting Regulation, the impact on the sales presentation process and the recent upsurge of interest in simplified language for life insurance policies.

Description: This session from the 1995 SOA New Orleans Meeting discusses the developments with regard to reinsurance response to New York Regulation 147 and Guideline XXX. It covers the kinds of terms products sold today and the impact of Guideline XXX on those, a 10 year term product and the options of reinsurance that are available. From the Record of the Society of Actuaries, Vol. 21, No. 1.

Description: This session from the 1995 SOA New York Meeting addresses asset prepayments including emerging prepayment experience in the mortgage-backed - CMO security arena, special modeling considerations when addressing prepayments and the NAIC's FLUX model and the scenario and assumption specifications of that model. From the Record of the Society of Actuaries, Vol. 21, No. 2.