Description: This panel discussion was presented at the 1980 SOA Spring Meeting in Minneapolis. The topic was the work of the actuary in the future including skills needed, future economic and demographic developments, and what new roles and functions will emerge. From Record of Society of Actuaries, Vol. 6, No. 2.

Description: This presentation is a concurrent session from the 1980 Meeting of the Society of Actuaries, held April 14-15 in Hartford, Connecticut. The panelists discuss basic concepts, such as definition and reasons for risk classification, availability vs. pricing class, equality vs. equity -special interest groups, appropriate factors for classification, and controllable vs. non-controllable factors. They also discuss American Academy of Actuaries work on risk classification, regulation, future company practice, including preferred risk, non-smoker, guaranteed issue etc., substandard practices, reinsurance, changing trends in underwriting, privacy laws, and related topics. Discussion from participants is included. From the Record of Society of Actuaries, Volume 6, No. 1.

Description: This presentation is an overview of the Meeting from the Record of the SOA Vol.6 No. 1. The session summarizes points from each concurrent session of the meeting and includes issues about the effect of governmental actions and consumerism on product design and pricing of the future, risk classification in the 1980's, nonforfeiture and valuation concerns in the 1980's and effect of taxation in the 1980's.

Description: This panel discussion is about the viability of single premium annuities and single premium life insurance. Items discusses include product design, pricing and regulatory issues with the back drop of high inflation of the times.

Description: This panel discussion speculates about the coming decade. Panelists give their opinions on what might happen to mutual companies with respect to dividend distribution, level of premiums, surplus levels and inflation in general.

Description: This panel discussion looks at new pricing techniques including the use of risk theory, pricing for the entire rate book, and the handling of overhead expenses. There is also a discussion of setting assumptions and the sources of data for assumptions.

Description: This 1980 session covers amendments to the SNL and SVL and the anticipated revision to the CSO Mortality Table. Questions discussed: 1. What changes can be expected in requirements in the1980's? 2. What changes in products design will likely emerge from these? 3. What will be the effect on future gross premium, cash value, and reserve levels? 4. Will these changes be compatible with all economic forecast scenarios? 5. Will these changes create a need for increased gross premium rates or for higher company surplus levels? 6. Should attention to solvency measures be increased? 7. Are the allowable valuation interest rates sufficiently liberal?

Description: This is the complete index to volume 5 of The Record of Society of Actuaries, 1979.

Description: This panel discussion session focuses on a proposal to modify the Standard Valuation Law involving statutory maximum valuation interest rates.

Description: This is the Table of Contents for articles presented at the October 1979 Bal Harbour Meeting.

Description: This panel discussion explores the basic principles of futurism, who are the futurist, The Trend Analysis Program of the American Council of Life Insurance TAP and possibilities for actuaries with respect to futurism.

Description: This 1979 panel discussion focuses on Social Security and the possibility for future changes in such areas as financing, retirement age, benefit design, treatment of women, and retirement test.

Description: This 1979 session is about current developments in Life products. Products discussed: 1. Adjustable life 2. Universal life 3. Indexed coverages 4. Term Insurance plus accumulation fund 5. Level Premium Term to 100 6. Revertible Term

Description: This panel discussion session focuses on pension investments including performance measurement, cash flow projections, and investment policy statements.

Description: This 1979 session is about the New Valuation Mortality Tables for Individual Life Insurance. Topics included: I. The Recommendation of Sex-distinct Tables 2. The Development of Basic Tables - Data Selection, Construction, Graduation 3. Margins and the Development of Loaded Tables 4. Implications for the Industry

Description: This panel discussion session focuses on the effects of consumerism and regulation on the health insurance industry in the United States and Canada. Includes legislation on non-discrimination, mandated benefits and special coverage such as credit & specified diseases. From Record of the SOA 1979 Vol. 5 No. 3

Description: This panel discussion examines the valuation problems, funding methods, valuing ancillary benefits, and fluctuations in experience of small pension plans.

Description: This panel discussion focuses on the funding of public employee retirement plans.

Description: This discussion is on selected individual life topics such as: competitive pressures preferred risk/non-smoker policies and the impact of the field force on product design.

Description: In this discussion, the panel recalls all of the considerations in the design of the SOFASIM Society OF Actuaries SIMulator. It was obvious from the first model of the life insurance company SOFASIM, as it was named must have an actuarial side as well as an investment side. GAAP and tax aspects of the model are also discussed.

Description: This 1978 session focused on valuation techniques for pension plans. Topics covered: 1. Asset Valuation Methods 2. Use of projections and forecasts 3. Has application of forecasts allowed the actuary to determine short range best estimate of future costs different from traditional methods? 4. Treatment of salary scales, turnover assumptions, retirement decrements

Description: This 1978 panel discussion examined dividend philosophy. Topics covered: I. The appropriate basis of dividend illustrations 2. The professional responsibility of the actuary in the establishment of dividend scales and in dividend illustration practices 3. The need for professional opinions and guidelines concerning policyholder dividends and illustrations 4. The adequacy of the recommendations of the Committee on Dividend Philosophy in addressing current concerns. 5. Differences between the approach of the Cormnittee on Dividend Philosophy and the traditional approaches. 6. The development of dividends for participating products in stock companies.

Description: This discussion shares a few observations about the recent developments in the Social Security Disability Insurance program including recent trends in the incidence and termination rates, recent legislative proposals, individual product ideas and changes. From Record of the Society of Actuaries 1978, Volume 4, No. 4.

Description: This 1978 discussion focused on risk classification and privacy, including the following questions: What are the implications of the Privacy Study Commission's recommendations? What legislative developments have occurred? What can be expected? From Record of Society of Actuaries, Vol. 4, No. 3.

Description: Teaching session about forecasting techniques for evaluating alternative futures, and how to use these techniques in making policy decisions. From the 1978 Record of Society of Actuaries, Vol. 4, No. 3.

Description: This 1978 panel discussion was on new actuarial standards for in Canada. Topics covered included: 1. The flexibility afforded the Canadian Valuation Actuary under the new Insurance Acts. 2. A comparison to the current GAAP and statutory reporting requirements in the U.S. and to the reporting requirements in the United Kingdom.

Description: Panel discussion about GAAP and FASB considerations, and statutory accounting issues. From the 1978 Record of Society of Actuaries, Vol. 4, No. 2.

Description: This 1978 teaching session provided a basic primer on the design of the OASDI benefit formula. Areas covered included: 1. The Decoupling issue 2. The Average Indexed Monthly Earnings 3. The Primary Insurance Amount formula 4. The Indexing procedure 5. Transition arrangements 6. The Short Service problem 7. Replacement Ratio considerations 8. Impact of Wage Base changes 9. The Retirement Age and Retirement Test.

Description: This 1978 session focused on education for the profession and expanding roles of the actuary. Topics include i. Education for an expanding actuarial profession.2. Expanding the actuary's role in life, property and liability insurance From Record of Society of Actuaries, Vol. 4, No. 1.

Description: This 1977 panel discussion covered hardware, programs, time sharing services and programming languages available at that time.

Description: This 1977 panel discussion focused on the implications of proposed revisions of the standard valuation and nonforfeiture laws. Areas discussed included: 1. A regulator's perspective 2. Applications to Life and Annuities 3. applications to Pensions

Description: This panel discussion examines pension plan dynamics including social security integration, benefit and cost projections under dynamic assumptions, and best estimate limitations. From the 1977 Record of the Society of Actuaries, Vol.3 No.3.

Description: This panel focuses on professional development and continuing education requirements of actuaries after fellowship. From the 1977 Record, Vol. 3, No. 3.

Description: From the Record 1977 Vol. 3, No. 1, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in Atlanta March 31-April 1. The presenters at this session discuss the nature and use of corporate planning, including the organization of the planning process and the corporate planning cycle.

Description: From the Record 1977 Vol. 3, No. 1, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in Atlanta March 31-April 1. The presenters discuss various measures of financial results, including net income and surplus, and explore treatment of federal income tax, investment income, expenses, and generally accepted accounting principles, ‘GAAP.’ Planning, projecting, monitoring, and effective use of financial measurements are discussed.

Description: This presentation is about the general considerations in planning compensation, the role of government in compensation and benefit planning, the relationship between immediate and deferred compensation and estimating the cost of the compensation program. From the Record of the Society of Actuaries, 1977, Vol.3, No. 1.

Description: This panel discussion from the 1977 SOA Meeting analyzes pension plan dynamics with Social Security and the Canadian governmental pension plans.

Description: This session is about the U. S. Social Security System undergoing a period of critical reappraisal with the costs and future of the system in question, and about how the actuarial profession should be involved in the process.

Description: Outlook for the dynamic economy is the keynote address at 1976 Spring Meeting covering short term economic outlook and characteristics of the US economic system in general.

Description: This session from the April 1976 Spring Meeting in Washington D.C. is about Variable Life Insurance, Section 79 Products, Policy Loan Interest Rates and Term Insurance.

Description: Table of Contents for the 1976 Record of Society of Actuaries, Vol. 2, No. 3. These records were taken from the Chicago meeting of the Society of Actuaries held June 3-4, 1976.

Description: This panel discussion was presented at the SOA's 1976 Spring Meeting in Washington D.C. The discussion focuses on the economic outlook in 1976.

Description: This panel discussion presented at the April 1976 SOA meeting in Washington D.C. presents opinions and information related to investment policy in a changing economy.

Description: This document is a meeting session summary. The meeting occurred at the 1976 SOA Spring Meeting in Washington D.C. The session compared and contrasted educational and experience requirements for actuaries and economists, costs of long range social insurance programs, costs of short range programs, economic analysis of the effects of social insurance programs and cooperation between the two professions to analyze social insurance programs.

Description: This is article covers a session from the Annual Meeting about financial analysis and corporate strategy. It discusses: evaluation of external factors that affect the long-run outlook for the company, assessment of strategic opportunities and development of long-range action plans. 1975 Record Vol.1 No. 4

Description: This discussion panel which occurred at the SOA's 1975 Bal Harbor Meeting provided a forum for discussing Social Security in the United States. The topics included solutions to financing problems, non-discrimination considerations, possible benefit changes, and the disability experience of the program.

Description: This is a record of a session at the October 1975 Annual Meeting of the SOA. It discusses what can be done with a corporate model and how it can be used to solve problems. 1975 Record Vol. 1, No 4.

Description: This is a summary of a presentation made at the 1975 SOA annual meeting regarding statutory reserves, contingency reserves and life insurance company surplus.

Description: This presentation was made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries. It discussed the following: how to choose the best pension assumptions and methods, how to arrive at interest assumptions, and the advantages of cost methods that reflect assumptions about new entrants and other changes in the group. 1975 Record Vol. 1, No. 3

Description: This article covers a session at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries. It addresses the following issues: how the Social Security system reached its present situation with respect to benefit levels and actuarial status, the problems in Social Security funding and with the Social Security system, the prospects for the Railroad Retirement system and the future of Social Security. 1975 Record Vol.1, No.3

Description: Panel discussion on recent developments in individual disability insurance, including morbidity trends, reserving assumptions and variations, marketing and underwriting trends and trends in claims practices. Presented at the Spring 1975 Meeting in New York.

Description: This is a transcript of a session at the Spring 1975 Meeting in New York and discussed the impact of economic conditions on current pension plan design, funding indexed benefits, investment of pension funds, actuarial responsibilities under ERISA and future outlook. 1975 Record, Vol.1, No.2

Description: This discussion focuses on actuarial reports to management. From Record of Society of Actuaries, Vol. 1, No. 1.

Description: In this address by Irving S. Friedman, the speaker reviews the immediate situation of inflation and offers his recommendations on what can be of help to the issue. Friedman additionally provides his own views on inflation and the long-term outlook in the United States and world economies. From Record of Society of Actuaries,Vol. 1, No. 1.