Description: This session from the 1992 Valuation Actuary Symposium covers recoverability and loss recognition including using cash flow testing to determine loss recognition or recoverability, actuarial standard of practice 14, and valuation work by line of business or issue-year groups.

Description: This is a panel discussion session on recommended guidelines and practices for determining dividends and illustrations for individual life insurance products, focused on the SOA's Committee on Dividend Philosophy's proposed recommendations. The differences between mutual company and stock company views are explored.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 Company representatives and state insurance department representatives addressed issues faced by companies in complying with the form-filing process. In addition, they offered suggestions and guidance in expediting policy form approvals.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 A panel of regulators share their perspectives on valuation actuary issues and relationships with valuation actuaries and professional and industry associations.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 In this session the panelists discussed the issues related to the actuarial aspects associated with the demutualization process. The issues discussed included: • Developing historical and prospective assumptions • Aligning the models used in the company’s philosophy regarding dividend determination and pricing • Creating experience assumptions when less-than-perfect data exist • Determining who gets what • Complying with actuarial and accounting standards

Description: Court is in session and you are the jury! Follow along as challenging aspects of actuarial professionalism are explored in a court-like setting. Deliberate based on what you already know from your own experience, as well as what you learn in this session. Then, deliver your verdict accordingly. Who says learning about actuarial professionalism can't also be fun?

Description: Companies exempt from PBR can benefit by borrowing ideas and lessons learned from companies that perform and operate in a PBR world. The presenters will discuss VM requirements related to governance policies, as well as assumption and margin setting, plus model validations and controls which can benefit smaller insurance companies. Attendees will learn about new actuarial practices and how the PBR methodology and Valuation Manual can influence their work and highlight available resources.