Description: Research material that developed a Liability-Driven Investment (LDI) benchmark framework.

Description: 1993 SOA Annual Meeting, New York. This session discussion is about asset prepayment assumptions for regulatory cash-flow testing. Topics included: 1. The prepayment characteristics of corporate bonds with embedded options. 2. How much prepayment and redemption activity has taken place within that market. 3. Techniques that corporate bond issuers have used to retire debt prior to maturity. 4. The investment implications. 5. The impact that prepayments have on MBS price and return performance. 6. The challenges of prepayment modeling.

Description: This session from the 1995 SOA New York City Meeting covers the overall trends in the financial market place, the relationship between banks and insurance companies, joint ventures between them and the issues faced by these two distribution systems. From the Society of Actuaries, Vol. 21, No. 2.

Description: Presented at October 1996 Annual Meeting. This session considers the issue of an amalgamation through a case study, addressing: performance results, personnel and organizational issues, corporate culture.

Description: In session 141PD of the Washington Annual Meeting panelists discuss current developments and investment trends in the insurance industry. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: 1998 SOA Spring Meeting, Maui. The panel discussed creative ways of carving up mortgage prepayment risk that have evolved from the collateralized mortgage obligation market.

Description: Panelists at this session of the SOA 1998 Maui II Spring Meeting examine the basics of value-at-risk as an effective risk management concept and how it can be used to manage an investment portfolio.

Description: This presentation, session number 87PD, took place at the 1999 Spring Meeting of the Society of Actuaries, held May 24-25 in Atlanta. Panelists discuss the value of convertible bonds as an asset class for insurance companies. The topics include an overview of the market, different types of convertible bonds, and historical performance. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 1.

Description: 1994 SOA Spring Meeting, Orlando. This session is about fixed income derivatives, their uses, and their implications with respect to RBC, IMR, disclosure, and FAS 115 hedge accounting.

Description: 1994 SOA Spring Meeting, Orlando. This session is about raising capital for mutual companies. Subjects discussed: 1. Access to capital markets. 2. Use of surplus debentures. 3. Demutualization. 4. Securitization. 5. Sale/leaseback of home office. 6. Sales of blocks of business. 7. Rating agency perspectives.