Description: This session of the SOA 2003 Washington, DC Spring Meeting covers the basics of stochastic modeling with focus on random number and scenario generation, steps in creating models, and verification of models and assumptions.

Description: The panel offers a summary of the Medicare Modernization Act signed into law in 2003, which implemented sweeping changes to the Medicare program. Topics include Medicare Advantage, the impact on Medicare Supplement, Part D, and the impact on retiree health plans. From Record of Society of Actuaries, Vol. 30, No. 3, Session 127

Description: 2004 SOA Annual Meeting and Exhibit, New York. In this discussion, panelists looked at the economic cost of guarantees in VA products and explored some of the methods, concentrating on hedging, that companies are using to manage their exposures.

Description: The panel at this session of the SOA 2004 Annual Meeting describes and discusses methods that are currently used for quantifying credit risk, both from a portfolio perspective and an individual security perspective.

Description: This panel discussion which was presented at the 1976 SOA Spring Meeting in Houston focused on pension funding vehicles. Topics included: choice of vehicle, investment mix, fund management by insurance companies vs. corporate trustee and outside investment advisers, plan terminations.

Description: This session is about the enrolled actuary status, valuation and certification problems, compliance procedures and practices and relationship with other professionals. From the Spring 1976 SOA Meeting.

Description: This panel discussion from the 1977 SOA Meeting focuses on the practical considerations, design and administration of individual policy pension trusts.

Description: This 1978 panel presentation discussed futurism topics and presented the results of a survey on demographic trends conducted by the Committee on Futurism. Key findings of survey comparing mid 1960's with mid 1970's: A. Divorce rate - doubled B. Fertility rate - declined by about one-third C. Mortality - little improvement for the adult ages of 25-64 D. Retirement Age - trend toward early retirement has met a counter force due in part to inflation

Description: This panel discussion is about the basic concepts of non-participating life products with non-guaranteed or ideterminate premiums. Various issues around pricing, product design, reserving, regulatory approval and taxes are discussed.

Description: This session from the 1984 SOA Atlanta Meeting covers statutory reporting, GAAP reporting, management reporting and accounting treatment of new generation life and annuity products such as universal Life, UL and flexible premium annuities. It also discusses the NAIC proposed regulation for univeral life insurance and the actuarial opinion required under the regulation.